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OpenAI and Amazon ink $38B cloud computing deal  

OpenAI has not finished securing the AI ​​infrastructure needed to rapidly scale agentive workloads. ChatGPT-maker said on Monday that it has reached Deal with Amazon Purchasing $38 billion in cloud computing services over the next seven years. OpenAI said it will begin using AWS compute immediately, with the goal of deploying all capacity before the…

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Kimberly-Clark to buy Kenvue in $48.7 billion deal

Huggies, manufactured by Kimberly-Clark and Band-Aid, manufactured by Kenvue. Getty Images Kimberly-Clark announced Monday it’s struck an agreement to buy Kenvue in a deal valued at $48.7 billion that would create a consumer staples giant. The deal is a combination of cash and stock. Shares of Kenvue surged 20% in premarket trading Monday, while shares…

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