OpenAI turning to Amazon - the larger rival of Microsoft and its biggest backer. (File Photo)

Amazon.com will supply OpenAI with cloud computing services under a multi-year $38 billion deal, giving the ChatGPT maker access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models.

The agreement announced on Monday underscores the AI industry’s insatiable appetite for computing power, driven by the pursuit of technology capable of matching or surpassing human intelligence. It sent Amazon shares up 5% in premarket trading.

Sam Altman, CEO of OpenAI said the company is committed to spending $1.4 trillion to develop 30 gigawatts of computing resources.

OpenAI will begin using Amazon Web Services immediately, with all planned capacity set to

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