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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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Infosys: Differentiated AI strategy and a sharp focus on value unlock propels 29% sequential growth in AI revenues

Bengaluru (Karnataka) [India], October 23: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, delivered $5,145 million in Q2 revenues, year on year growth of 1.5% and sequential growth of 1.2% in constant currency. Operating margin was stable at 21.0%. EPS growth was 8.7% year on year in rupee terms. TCV of large deal wins was $5.2 billion, with 62% net new. Robust Q2 large deal TCV at $5.2 billion with 62% net new; lays solid foundation for future growth. FY 27 revenue guidance revised to 1%-2% and margin guidance retained at 20%-22%.

Oct 23, 2026