Amazon's Stock Climbs to Fresh High on $38B Cloud Computing Deal With OpenAI

**Summary:**Amazon's stock surged to an all-time high after announcing a $38 billion partnership with OpenAI, the creators of ChatGPT. This seven-year deal grants OpenAI access to Amazon Web Services' Nvidia chips, accelerating AI development and enhancing user experience. The partnership, hailed as a significant step forward, is expected to unlock new possibilities and reach more people worldwide. Amazon's strong year, with a 17% stock increase, was further boosted by the OpenAI announcement, highlighting the growing importance of cloud computing and AI in our daily lives.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.