The partnership, announced less than a week after OpenAI finalized its structural transition into a nonprofit with a subsidiary for-profit arm, will give the company access to hundreds of thousands of Nvidia GB200 and GB300 semiconductors running on Amazon data clusters.

The seven-year agreement is the companies’ first computing partnership and is part of Amazon’s efforts to grow its cloud business.

OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centers in the U.S. OpenAI will be able to power its AI tools using “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services as part of the deal announced Monday.

The AWS partnership is OpenAI's first major cloud computing deal since it struck a new agreement with Microsoft, which gave it more flexibility.

OpenAI has signed a seven-year, $38 billion deal to buy cloud services from Amazon.com , in its first big push to power its AI ambitions after a restructuring last week that gave the ChatGPT maker greater operational and financial freedom.

Amazon › Shares of Amazon (NASDAQ: AMZN) jumped on Monday, finishing the day up 5%. The move higher came as the S&P 500 gained 0.1% and the Nasdaq Composite rose 0.4%. The tech behemoth inked a major deal to provide OpenAI with $38 billion worth of artificial intelligence (AI) computing capacity.

OpenAI and Amazon.com have reached a $38 billion agreement for Amazon Web Services to provide infrastructure for the ChatGPT maker’s artificial-intelligence workloads. The partnership will begin immediately and covers the next seven years,

Amazon shares rose to a record high Monday after the tech giant said it struck a $38 billion cloud computing deal with OpenAI.