Amazon stock jumps after announcing $38 billion partnership with OpenAI
Amazon announced a $38 billion deal with OpenAI, giving OpenAI access both to Amazon's cloud infrastructure and Nvidia's (NVDA) artificial intelligence technology. Yahoo Finance Technology Editor Dan Howley joins Market Domination with Yahoo Finance Senior Reporter Allie Canal to go over the details.
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Big Tech Stocks Jump on Amazon AI Deal | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
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OpenAI signs $38 billion deal with Amazon, partnering with cloud leader for the first time
OpenAI has signed a $38 billion deal with Amazon Web Services, and will immediately start accessing Nvidia's graphics processing units. CNBC's MacKenzie Sigalos explains how it's one of OpenAI's biggest moves away from Microsoft, which was the company's exclusive cloud provider until earlier this year.
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S&P 500 Gains & Losses Today: Amazon Stock Jumps After OpenAI Deal; Kimberly-Clark Acquires Kenvue
A linkup with an artificial intelligence player helped power shares of a top cloud-computing services company higher Monday, while an acquisition in the consumer goods space sent the two stocks on divergent paths.
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Skepticism on AMZN & OpenAI Deal: "Two Stooges" Against NVDA
Datavault (DVLT) CEO Nathaniel Bradley is concerned that the Amazon (AMZN) and OpenAI partnership is "late to the game" and holds many questions around privacy. He's also skeptical that the deal will be longstanding, explaining that Amazon can remove OpenAI from AWS once it has all the data it believes it needs.
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