TLDR OpenAI announced a $38 billion partnership with Amazon Web Services spanning seven years. Amazon stock surged more than 5% in pre-market trading following the announcement of the partnership. OpenAI will gain access to hundreds of thousands of state-of-the-art NVIDIA GPUs through AWS infrastructure. The company will begin using AWS infrastructure immediately to run its [...] The post Amazon Stock Soars 5%: OpenAI’s Shocking $38B AWS Deal Revealed appeared first on CoinCentral.TLDR OpenAI announced a $38 billion partnership with Amazon Web Services spanning seven years. Amazon stock surged more than 5% in pre-market trading following the announcement of the partnership. OpenAI will gain access to hundreds of thousands of state-of-the-art NVIDIA GPUs through AWS infrastructure. The company will begin using AWS infrastructure immediately to run its [...] The post Amazon Stock Soars 5%: OpenAI’s Shocking $38B AWS Deal Revealed appeared first on CoinCentral.

Amazon Stock Soars 5%: OpenAI’s Shocking $38B AWS Deal Revealed

2025/11/03 23:39

TLDR

  • OpenAI announced a $38 billion partnership with Amazon Web Services spanning seven years.
  • Amazon stock surged more than 5% in pre-market trading following the announcement of the partnership.
  • OpenAI will gain access to hundreds of thousands of state-of-the-art NVIDIA GPUs through AWS infrastructure.
  • The company will begin using AWS infrastructure immediately to run its core AI workloads.
  • Sam Altman stated that scaling frontier AI requires massive and reliable compute resources.

OpenAI has partnered with Amazon Web Services in a deal worth $38 billion over seven years. Amazon stock surged more than 5% in premarket trading following the announcement. The partnership grants OpenAI access to hundreds of thousands of NVIDIA GPUs on AWS infrastructure.

OpenAI Expands Cloud Computing Resources

OpenAI will begin using AWS infrastructure immediately to run its core AI workloads. The company needs massive computing power to train and operate its frontier AI models. ChatGPT and other OpenAI products will also benefit from the expanded cloud capacity.

Sam Altman, co-CEO of OpenAI, stated that scaling frontier AI requires massive and reliable computing power. He added that the AWS partnership strengthens the broad compute ecosystem for advanced AI. The collaboration aims to bring sophisticated AI technology to millions of users worldwide.

Amazon stock gained momentum as investors responded positively to the cloud computing agreement. The deal represents a significant win for AWS in the competitive cloud services market. Microsoft previously held exclusive cloud computing rights with OpenAI through an early investment deal.

Amazon Stock Rises After OpenAI Restructuring Deal

OpenAI recently restructured into a for-profit public benefit corporation called OpenAI Group PBC. Microsoft now holds approximately 27% ownership in the newly formed entity. The restructuring eliminated Microsoft’s first refusal rights on OpenAI’s cloud computing deals.

This change allowed OpenAI to pursue the Amazon partnership without Microsoft blocking the agreement. The shift reflects OpenAI’s strategy to diversify its infrastructure providers and reduce dependency. OpenAI continues its pursuit of artificial general intelligence by expanding its computing resources.

Amazon stock benefited from strong third-quarter earnings announced the same week as the partnership. The company had started the week with 14,000 layoffs, but ended positively. AWS disclosed progress on AI initiatives that complemented the OpenAI announcement.

The joint statement highlighted AWS’s leadership in cloud infrastructure, combined with OpenAI’s expertise in generative AI. The partnership will continue growing over the next seven years with expanding workloads. Amazon stock reflects investor confidence in the cloud division’s potential for AI-related revenue.

The post Amazon Stock Soars 5%: OpenAI’s Shocking $38B AWS Deal Revealed appeared first on CoinCentral.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Spot Ethereum ETFs Suffer Highest Weekly Outflow Since Launch In Sign Of Low Institutional Appeal ⋆ ZyCrypto

Spot Ethereum ETFs Suffer Highest Weekly Outflow Since Launch In Sign Of Low Institutional Appeal ⋆ ZyCrypto

The post Spot Ethereum ETFs Suffer Highest Weekly Outflow Since Launch In Sign Of Low Institutional Appeal ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp U.S. spot Ether exchange-traded funds (ETFs) endured their biggest outflow week, marking the most severe capital flight since the products launched early last year. The bloodletting came as the price of Ether cratered below the $4,000 crucial support level, before rebounding slightly. ETH ETFs Bleed As Institutions Pull Back Data from SoSoValue shows that spot ETH ETFs saw over $795.5 million exiting during the week ending Sept. 26, in a sign of waning institutional demand for the world’s second-largest token by market capitalization. Those figures are the highest ever since the funds first went live on July 23, outpacing the cumulative outflows of $787.7 million registered in the week ending Sept. 5. Fidelity’s FETH suffered the largest outflow, with investors withdrawing $362 million from the fund during the past week. BlackRock’s iShares Ethereum Trust (ETHA) bled over $200 million in investor money. ETHA was the first spot ether ETF among a cohort of 11 issuers to cross the landmark $1 billion in net inflows. It currently holds over $15 billion in net assets. The combined ETH ETFs currently hold 5.37% of the digital asset’s supply. Advertisement &nbsp ETH’s drop below $4K on Thursday and Friday culminated in $250 million exodus during each day, the worst two-day outflow streak since mid-August. Ether’s price bounced slightly on Sept. 27, reclaiming the $4,000 mark. ETH is currently changing hands at $4,003.35, flat on the day and down 10.6% over the past week, according to price aggregator CoinGecko. All signs point to investors pulling profits off the table after ETH jumped by over 60% within a year, drawing considerable institutional interest. Bitcoin ETF Demand Weakens Meanwhile, Bitcoin ETFs weren’t immune from these outflows over the last seven days, with the dozen publicly listed institutional investment vehicles hemorrhaging $902.5 million…
Share
BitcoinEthereumNews2025/09/28 23:44
Sui ($SUI) Down 13.1%, Solana ($SOL) Down 7.1%: Digitap ($TAP) is the Only Altcoin Thriving

Sui ($SUI) Down 13.1%, Solana ($SOL) Down 7.1%: Digitap ($TAP) is the Only Altcoin Thriving

The post Sui ($SUI) Down 13.1%, Solana ($SOL) Down 7.1%: Digitap ($TAP) is the Only Altcoin Thriving appeared on BitcoinEthereumNews.com. As major altcoins cool off, traders are hunting for strength. This week’s tape shows it clearly: Sui (SUI) is sliding double-digits and Solana (SOL) is weakening, while Digitap ($TAP) is pressing higher inside its live presale. The difference isn’t just price, it’s product.  With the Digitap app live on the Apple App Store and Google Play, capital is rotating from chart-led narratives toward traction-led fintech. If you’re watching SUI and SOL, you should be looking at $TAP, the crypto presale, which is already up by 114% from its initial price. SUI Slides, SOL Softens — What the Charts Signal Next Over the past week, SUI has dropped 13.28%, sliding from around $2.65 to $2.30. The steady string of red candles highlights firm bearish momentum, with the chart now printing lower highs and lower lows.  Solana has also softened, down roughly 7.1% to about $189, as technical indicators signal more short-term pressure. Both tokens seem under pressure as trading volumes ease and investors take profits after months of strong gains. It looks like traders are moving away from these overextended major tokens and shifting their focus toward newer opportunities with higher potential upside. The Linear Regression Curve (LRC) overlay on Solana’s chart confirms a weakening trend, showing price drifting beneath the regression midline, a technical sign that momentum is softening and sellers are regaining control. While these top-tier altcoins cool off, one project is defying gravity — Digitap, a fintech token blending crypto with real-world financial services, is surging ahead. Digitap Bridges Crypto and Banking — Why It Matters Digitap, a revolutionary unified money app blending crypto and fiat, is proving that real-world traction can move markets just as quickly as technical indicators. The project’s presale momentum now coincides with a tangible milestone: the Digitap App going fully live on both…
Share
BitcoinEthereumNews2025/11/04 04:59
Frankrijk belast ‘niet productief crypto vermogen’ – dreigt voor heel Europa

Frankrijk belast ‘niet productief crypto vermogen’ – dreigt voor heel Europa

i Kennisgeving: Dit artikel bevat inzichten van onafhankelijke auteurs en valt buiten de redactionele verantwoordelijkheid van BitcoinMagazine.nl. De informatie is bedoeld ter educatie en reflectie. Dit is geen financieel advies. Doe zelf onderzoek voordat je financiële beslissingen neemt. Crypto is zeer volatiel er zitten kansen en risicos aan deze investering. Je kunt je inleg verliezen. Check onze Discord Connect met "like-minded" crypto enthousiastelingen Leer gratis de basis van Bitcoin & trading - stap voor stap, zonder voorkennis. Krijg duidelijke uitleg & charts van ervaren analisten. Sluit je aan bij een community die samen groeit. Nu naar Discord Frankrijk zet een grote stap richting een nieuwe fiscale benadering van digitale activa. Een wetswijziging die deze week is goedgekeurd door de Nationale Assemblee breidt de huidige vermogensbelasting uit naar ‘niet productief vermogen’. Daaronder valt ook cryptovaluta. Wat kan deze crypto regulering betekenen voor de toekomst van digitale valuta in Europa? Nieuwe belasting op digitaal bezit Het voorstel, ingediend door Jean-Paul Matteï, lid van de centrumpartij MoDem, werd op 22 oktober aangenomen met een meerderheid van 163 tegen 150 stemmen. De maatregel maakt deel uit van de begrotingsonderhandelingen voor 2026 en moet nog worden goedgekeurd door de Franse Senaat. Volgens de toelichting van Matteï is de bestaande vermogensbelasting ‘economisch inconsistent’ omdat deze enkel onroerend goed belast. Andere niet-productieve bezittingen (zoals goud, kunst, klassieke auto’s en digitale activa) behoren daar niet bij. Met de wijziging wil hij het fiscale systeem meer in lijn brengen met productieve investeringen die bijdragen aan de reële economie. Après le rejet de la taxe Zucman, je pensais qu’on allait enfin pouvoir passer à autre chose et revenir à nos vrais sujets positifs de contribution économique au pays. Mais voila que l’amendement de l’IFI sur la richesse “improductive” a été voté hier soir. Seront désormais… — Eric Larchevêque (@EricLarch) November 1, 2025 De nieuwe belasting zal gelden voor personen met een totaal aan ‘niet productief vermogen’ van meer dan 2 miljoen euro. Dit is een verhoging van de huidige drempel van 1,3 miljoen euro. Het tarief wordt vastgesteld op 1% van het vermogen boven die grens, waar het huidige systeem een progressieve schaal hanteert tot 1,5% bij zeer hoge vermogens. Crypto als niet productief vermogen In de toelichting wordt crypto expliciet genoemd als onderdeel van de nieuwe categorie niet productieve goederen. Ook luxeobjecten, privévliegtuigen en zeldzame verzamelstukken behoren daarbij. Daarmee worden digitale activa voor het eerst onderworpen aan een vermogensbelasting, zelfs als ze niet verhandeld worden of rente genereren. De maatregel is bedoeld om investeringen richting de economie te stimuleren, maar zorgt in Frankrijk voor onrust onder cryptobezitters. Omdat populaire cryptomunten vaak worden gezien als langetermijninvestering of bescherming tegen inflatie, zou de maatregel traders kunnen dwingen activa te verkopen om aan de belastingverplichting te voldoen. De belasting geldt uitsluitend voor portfolio’s met een waarde van meer dan twee miljoen euro. Echter wijzen analisten erop dat toekomstige aanpassingen de drempel kunnen verlagen, wat ook kleinere traders kan treffen. Mogelijke impact op Europa De Franse stap wordt binnen Europa nauwlettend gevolgd. Frankrijk behoort tot de landen die binnen de EU vooroplopen met het implementeren van crypto regelgeving onder de MiCA (Markets in Crypto-Assets). Een nationale vermogensbelasting op digitale activa zou als precedent kunnen dienen voor andere lidstaten die zoeken naar gelijke manieren voor betere crypto belasting. EU WANTS TO FOLLOW CHINA’S CBDC, NOT AMERICA’S STABLECOINS Lagarde praises China’s pilot as “of service to all citizens.” The ECB is in the prep phase now, aiming to roll out a digital euro by 2028–2029. The message is clear: Europe leans toward central bank control,… pic.twitter.com/ZkEHboiGV9 — CryptosRus (@CryptosR_Us) September 23, 2025 Voorlopig blijft het voorstel onderdeel van de begroting voor 2026. Als het ook door de Senaat wordt goedgekeurd, zou de wet per 1 januari 2026 van kracht kunnen worden. Het klimaat rond crypto regulering verandert, en de rest van Europa kijkt aandachtig mee. Best wallet - betrouwbare en anonieme wallet Best wallet - betrouwbare en anonieme wallet Meer dan 60 chains beschikbaar voor alle crypto Vroege toegang tot nieuwe projecten Hoge staking belongingen Lage transactiekosten Best wallet review Koop nu via Best Wallet Let op: cryptocurrency is een zeer volatiele en ongereguleerde investering. Doe je eigen onderzoek. i Kennisgeving: Dit artikel bevat inzichten van onafhankelijke auteurs en valt buiten de redactionele verantwoordelijkheid van BitcoinMagazine.nl. De informatie is bedoeld ter educatie en reflectie. Dit is geen financieel advies. Doe zelf onderzoek voordat je financiële beslissingen neemt. Crypto is zeer volatiel er zitten kansen en risicos aan deze investering. Je kunt je inleg verliezen. Het bericht Frankrijk belast ‘niet productief crypto vermogen’ – dreigt voor heel Europa is geschreven door Christiaan Kopershoek en verscheen als eerst op Bitcoinmagazine.nl.
Share
Coinstats2025/11/04 04:16