OpenAI expands cloud options after Microsoft renegotiation | JQJO

OpenAI’s newly renegotiated pact with Microsoft frees it to buy cloud computing on the open market, after years of relying on Microsoft before adding two other cloud providers. The restructuring also allowed OpenAI to create a for-profit arm valued at $500 billion and ink a deal with Amazon, following recent arrangements with Nvidia, Broadcom, Oracle and Google. Separately, Forbes estimates Jeff Bezos’ net worth at $264.1 billion as of about 3:20 p.m. EST Monday, supported by his roughly 8% Amazon stake and ownership of the Washington Post and Blue Origin.