Khaberni - OpenAI signed a 7-year agreement worth $38 billion with the company "AWS" for cloud computing, a part of Amazon Group, in its first major move by "OpenAI" to boost its ambitions in the artificial intelligence sector.
The startup developer of "ChatGPT" continues its massive investments to acquire computing and storage power, whether from cloud computing service providers like "AWS" or from chip manufacturers, to ensure its ability to remain competitive in the artificial intelligence race.
OpenAI aims to be the first company in this sector to develop a general artificial intelligence model that completely simulates human intellectual capabilities.
Opinions vary on this point, and some experts expect the general artificial intelligence model to appear in the coming years, while others expect it to appear within a decade at the earliest, or even never at all.
Massive Resources
OpenAI's CEO Sam Altman explained in a statement issued Monday that "developing advanced artificial intelligence requires extensive and reliable computing resources."
He added, "Our partnership with AWS enhances the extensive computing ecosystem that will support this new era and provide advanced artificial intelligence for everyone."
Last week, Altman revealed that "OpenAI" had secured commitments worth $1.4 trillion from cloud computing services providers and the semiconductor sector.
These contracts will require 30 gigawatts of electricity, representing more than 2% of the total installed electrical capacity in the United States at the end of 2023, according to figures from the U.S. Energy Information Administration.
Some investors are increasingly expressing doubts about OpenAI's huge deals, which are estimated to generate total revenue of about $13 billion this year and which, according to Sam Altman himself, will not be profitable until 2029.
When asked about this issue in an episode of the "BG2 Pod" podcast released on Friday, Sam Altman expressed his dissatisfaction with the matter, saying that "OpenAI" will achieve "much higher" revenues than these estimates, adding, "We expect our revenues to continue to grow strongly."
NVIDIA in a Leading Position
The deal with "Amazon Web Services" (AWS) provides "OpenAI" immediate additional cloud computing resources, with full capabilities to be available by the end of 2026.
The cloud infrastructure provided by "Amazon Web Services," based in California, will primarily rely on "Graphics Processing Units" (GPUs) from "Nvidia," which are considered the strongest in the market.
The company, based in California, announced that these processors will not only be used to work on the new "OpenAI" models, but also to operate "ChatGPT" and process requests from more than 800 million weekly users of this interface.
Amazon's stock rose 4.71% to $255.67 at the time of this report.
Amazon's stock reached its highest level ever in Monday's trading, and the company is nearing adding about $140 billion to its market value.
NVIDIA’s stock performed well, supported by the agreement between "OpenAI" and "Amazon" and another announcement about Microsoft renting additional chips and servers from the cloud service provider "Iren" (Iren) for a total value of $9.7 billion.
Microsoft, a major partner of "OpenAI" and which controls a 27% stake in it after investing more than $13 billion, has been open for months to the idea of the startup, based in San Francisco, seeking to provide cloud capacity from other companies.
The application to "Iren" also shows that "Microsoft," although a cloud provider itself, is no longer able to meet all the data storage and processing needs of its customers.
