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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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fischer Launches FWA R2: Redefining Economic Anchoring Solutions for India's Growing Construction Market

Bengaluru (Karnataka) [India], November 5: fischer, a global leader in fixing systems, has strengthened its position in India's construction and industrial fastening sector with the launch of its latest innovation -- fischer FWA R2. This new addition to the company's economic bolt anchor portfolio delivers superior performance, flexibility, and value for money. Crafted from A2-grade stainless steel, the FWA R2 is designed for non-critical applications in non-cracked concrete, making it ideal for building construction, tunnels, energy, and industrial projects.

Nov 05, 2025