The Story
News Summary
- Amazon is negotiating with OpenAI for expanded use of AWS Trainium chips and server rentals, potentially boosting OpenAI's valuation beyond $500bn.
- This follows a substantial $38bn cloud services deal and restructuring with Microsoft, signaling strong growth prospects for Amazon's cloud business.
Explore AMZN price history & advisor snapshot
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Stored market data
AMZN price history
248.42
+8.40% over the displayed period
Advisor Snapshot
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