Amazon, OpenAI Strike $38 Billion Nvidia Chip Deal

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.5 • 49 Ratings

🗓️ 3 November 2025

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg’s Caroline Hyde discusses Amazon’s $38 billion deal to supply OpenAI with Nvidia chips, as the AI investment boom continues. Plus, Xiaomi's pivot from smartphones to electric vehicles may have come at a human cost. And Palantir’s earnings are expected to show continued excitement for AI and defense tech.

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0:00.0	For every six Chinese people, there's a Ping'an customer, we have accumulated a massive amount of the customer data, not just on the financial side, but end-to-end across channels thanks to our AI advancements.
0:12.0	This is the Technology Empowered Growth at Ping-Anne podcast. In our latest episode, Ping-an is utilizing technology to provide integrated and personalized 24-7 support for China's rapidly growing elderly population.
0:24.6	Now available on Spotify, Apple Podcast and Ping'an's website.
0:30.0	Hi, I'm Stephen Carroll.
0:31.7	And I'm Caroline Hepka here to introduce you to a podcast that brings you the news you need to start your day in just 15 minutes.
0:39.1	It's called Bloomberg Daybreak Europe edition, covering all the top stories across Europe and around the world.
0:45.2	Each weekday morning, we're up early to bring you the latest news by 7 a.m.
0:49.2	We've got everything you need to know, from geopolitics and global events to economics and what's moving markets. I'm covering
0:55.8	it all from London. And I'm in the EU's capital Brussels. We have 3,000 journalists and
1:00.7	analysts around the world to tell you what's happening, what it means and why it matters.
1:05.5	It's more than just business headlines, from the price of your breakfast to global shifts
1:10.0	in power.
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1:14.6	They're often the driving force.
1:19.1	So start your day with us on Bloomberg Daybreak Europe Edition for the news you need to know and the context to make sense of it.
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1:33.0	Bloomberg Audio Studios. Podcasts, Radio News.
1:42.6	Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ev Lovelow in San Francisco.
1:52.2	This is Bloomberg Tech coming up. Amazon's cloud unit signs a $38 billion deal to supply open AI with computing power.
2:00.7	Plus how Xiaomi's pivot from smartphones to electric vehicles may have come at a human cost.
2:06.6	And all eyes on Pallantir, posting its earnings results after the closing bell, this is defense tech spending is ramping up.
	...

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