It's Jim Kramer here. You're listening to the opening bell of CBC's Squawk on the Street. Don't miss a minute of the action. Good Monday morning. Welcome to Swalk to the Street. I'm Carl Cantonia with Jim Kramer and David Faber post nine of the New York Stock Exchange. We kick off the month of November with futures pretty solid, tens of billions in fresh M&A. Day 34, the shutdown, busy week of earnings and elections,

10-year 411. We're going to get to this massive Kimberly Kenview deal in a minute, but first,

McKenzie Sagalos with some news on the AI arms race. Hey, Mack. Hey, Carl, so Open AI has signed

a $38 billion infrastructure deal with Amazon Web Services, marking its first contract

with the cloud leader and the clearest sign yet that it's no longer relying solely on Microsoft

for compute. Now, under the agreement, OpenAI will immediately start running workloads on

AWS, tapping hundreds of thousands of Nvidia GPUs across U.S. data centers. It'll begin with existing capacity that expand over time with AWS planning to build out new

infrastructure specifically for OpenAI's use.

I spoke to Dave Brown, who heads up compute and machine learning services at AWS, and he stressed

to me that unlike some of the $1.4 trillion in compute deals that OpenAI has signed lately,

this capacity is already live, not just a future-looking partnership.

Now until January, Microsoft was OpenAI's exclusive cloud partner.

That later shifted to a right of first refusal, which expired just last week.

Microsoft did reaffirm its role with a $250 billion commitment from OpenAI to keep scaling on Azure.

Now, by comparison, the AWS deal is smaller, but arguably more consequential, signaling a strategic shift toward a multi-cloud future.

OpenAI has also signed with Google and Oracle.

Guys?

I appreciate that. Mack, I appreciate that. Mackenzie Sagalos with news regarding with Google and Oracle. Guys? I appreciate that.

McKenzie Sagalos with news regarding Open AI and Amazon.

Jim, that didn't take very long.

No.

Well, five days ago, Amazon was considered to be an also-ran that Amazon Web Services

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