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Amazon Hits Record Close After $38bn OpenAI Merger with AWS

In a landmark move that marks a new height in the field of Artificial Intelligence, Amazon Web Services (AWS) and OpenAI have teamed up in an unprecedented $38 billion deal. This high-stakes merger will marry the technological prowess of AWS with the innovative artificial intelligence solutions developed by OpenAI.

The aftermath of the deal saw Amazon’s stock closing at a record high, a clear indicator of the market’s positive response to this high-profile merger. Industry experts foresee this partnership as a catalyst that could potentially transform the conventional operations of various sectors.

Amazon and OpenAI’s collaborative efforts will likely revolutionize cloud computing, artificial intelligence learning models, and bring massive advancements to the tech industry. Read More


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