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partnership
A partnership is a legal and business arrangement in which two or more individuals or entities agree to share ownership, responsibilities, profits, and losses of a jointly operated enterprise.
Amazon Strikes $38 Billion Cloud Deal With OpenAI
Amazon has signed a record-breaking $38 billion agreement with OpenAI, granting the creator of ChatGPT full access to its Amazon Web Services (AWS) infrastructure. The move marks a major realignment in the global AI cloud market — and a direct...
Microsoft Restructures $135B Partnership with OpenAI Through 2032
Microsoft and OpenAI have announced a sweeping restructuring of their strategic partnership, valuing the tech giant’s stake in the AI company at $135 billion and redefining the framework of their collaboration through the next...
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