OpenAI, the company behind ChatGPT, has signed a significant $38 billion cloud computing deal with Amazon, further diversifying its computing power sources and reducing its reliance on Microsoft.

• The seven-year agreement provides OpenAI access to Nvidia graphics processors for training its artificial intelligence models.
• This deal follows a recent restructuring of OpenAI, giving it more operational and financial freedom from Microsoft.
• Amazon shares hit an all-time high after the announcement, adding $140 billion to its valuation.