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Amazon: OpenAI Deal Ignites AI Battle as Nvidia Retreats From the Frontline

Investing.com Logo Investing.com By Luis Flavio Nunes
Amazon: OpenAI Deal Ignites AI Battle as Nvidia Retreats From the Frontline

Amazon's $38 billion deal with OpenAI signals a strategic move in AI infrastructure, challenging Nvidia's chip monopoly by simultaneously supporting NVIDIA GPUs and developing custom Trainium2 chips through Anthropic.

Insights
AMZN   positive

Executing a dual strategy that ensures revenue and market positioning regardless of AI infrastructure outcome, with flexible approach to chip technologies