The deal strengthens AWS's AI offerings and may help fend off challenges from cloud rivals Microsoft and Google.

In a move to reduce its office space globally, Amazon’s real estate team plans to cut 49,000 desks companywide this year.

OpenAI CEO Sam Altman and Amazon CEO Andy Jassy have been speaking directly, according to a source familiar with the ...

OpenAI's latest funding round is even bigger than its prior financing, which was a record amount for private tech companies.

It is the latest commitment from the tech company as it seeks to cash in on unrelenting demand for artificial intelligence.

Amazon's $50 billion OpenAI investment made big headlines, but the SEC filings tell a more complicated story.

Amazon plans up to $50 billion OpenAI investment, tied to IPO plans or achieving artificial general intelligence milestone.

Amazon announces €18B investment in Spain's data centers and AI infrastructure, raising total commitment to €33.7B and ...

Amazon is investing $50 billion in OpenAI as part of a new partnership the two companies are launching.