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OpenAI, Amazon sign $38 billion deal for AI computing power

Nov 05, 2025

Seattle [US], November 5: OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon's data centres in the United States.
OpenAI will be able to power its AI tools using "hundreds of thousands" of Nvidia's specialised AI chips through Amazon Web Services (AWS) as part of the deal announced Monday.
"The rapid advancement of AI technology has created unprecedented demand for computing power," Amazon said in a statement Monday. It said OpenAI "will immediately start utilising AWS compute as part of this partnership, with all capacity targeted to be deployed before the end of 2026, and the ability to expand further into 2027 and beyond."
Source: Emirates News Agency

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What GeM Did for Government Buying, Shrevit Wants to Do for Private Enterprise Procurement

Mumbai (Maharashtra) [India], November 2: When the Government e-Marketplace (GeM) moved public purchasing in India onto a single digital platform, it gave government buyers something most private companies still lack: one transparent, rule-bound environment where every tender, bid and approval leaves a record. Inside many enterprises, procurement still runs on long email threads, spreadsheets saved as "Quote_v3_FINAL", missing vendor documents and approvals that sit unattended for days.

Nov 02, 2026