Amazon, OpenAI Strike $38 Billion Nvidia Chip Deal | Bloomberg Tech 11/3/2025

Bloomberg TechnologyMonday, November 3, 2025 at 9:53:01 PM
Amazon, OpenAI Strike $38 Billion Nvidia Chip Deal | Bloomberg Tech 11/3/2025
Amazon's recent $38 billion deal to supply OpenAI with Nvidia chips marks a significant milestone in the ongoing AI investment boom. This partnership not only highlights the growing demand for advanced AI technologies but also positions both companies at the forefront of innovation. Additionally, the shift of Xiaomi from smartphones to electric vehicles raises concerns about potential human costs, while Palantir's upcoming earnings are anticipated to reflect a strong interest in AI and defense tech. This news is crucial as it underscores the rapid evolution of technology and its implications for various industries.
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