OpenAI and Its Many Deals
This deal with Amazon is far from the first big partnership that OpenAI has entered over the last few months. In fact, $38 billion isn’t even that much compared to the cumulative $1 trillion (with a T) that the company has doled out to bolster its AI offering.
OpenAI entered into a deal with chipmaker NVIDIA to the tune of $100 billion, and also announced a partnership with chipmaker AMD, although the amount was not disclosed for that one. Beyond that, OpenAI has also signed a deal with Google in June, Oracle in September, and Broadcom earlier this month.
Yes, many have speculated that these deals are proof of an AI bubble, given that money keeps bouncing back and forth between a select few AI companies. But given the demands of AI technology on our infrastructure, it could just mean that OpenAI is trying to position itself as the only company prepared to take the next step.
