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7 days agoAI Stocks Gain as Amazon Teams with OpenAI in US$38 bn Deal

Artificial-intelligence stocks led markets today as Amazon announced a US$38 billion, seven-year infrastructure pact with OpenAI to provide cloud services via Amazon Web Services (AWS) for the latter’s AI workloads. The announcement drove tech shares higher, particularly in AI and cloud infrastructure segments, while broader sectors under-performed. Experts say the agreement underscores the enterprise pivot toward large-scale generative-AI use and may trigger further infrastructure investment across hyperscalers.
Barron's• By Harsh Ranjan
Explore:Mutual Fund Categories
positive
7 days agoAI Stocks Gain as Amazon Teams with OpenAI in US$38 bn Deal

Artificial-intelligence stocks led markets today as Amazon announced a US$38 billion, seven-year infrastructure pact with OpenAI to provide cloud services via Amazon Web Services (AWS) for the latter’s AI workloads. The announcement drove tech shares higher, particularly in AI and cloud infrastructure segments, while broader sectors under-performed. Experts say the agreement underscores the enterprise pivot toward large-scale generative-AI use and may trigger further infrastructure investment across hyperscalers.
Barron's• By Harsh Ranjan
Explore:Mutual Fund Categories
7 days ago
1 min read
67 words

AI stocks rally after Amazon-OpenAI US$38 bn deal, boosting cloud/AI infrastructure names.
Artificial-intelligence stocks led markets today as Amazon announced a US$38 billion, seven-year infrastructure pact with OpenAI to provide cloud services via Amazon Web Services (AWS) for the latter’s AI workloads. The announcement drove tech shares higher, particularly in AI and cloud infrastructure segments, while broader sectors under-performed. Experts say the agreement underscores the enterprise pivot toward large-scale generative-AI use and may trigger further infrastructure investment across hyperscalers.

Artificial-intelligence stocks led markets today as Amazon announced a US$38 billion, seven-year infrastructure pact with OpenAI to provide cloud services via Amazon Web Services (AWS) for the latter’s AI workloads. The announcement drove tech shares higher, particularly in AI and cloud infrastructure segments, while broader sectors under-performed. Experts say the agreement underscores the enterprise pivot toward large-scale generative-AI use and may trigger further infrastructure investment across hyperscalers.
Companies:
Amazon
OpenAI
Tags:
ai
stocks
ai
stocks
cloud
amazon
openai
Nov 4, 2025 • 13:20 IST