Bloomberg Money Minute: AWS-OpenAI Deal, Kimberly-Clark Acquisition, Tesla Probe, T-Mobile Credit Card

Major Business Deals and Partnerships

• 🤝 Amazon Web Services (AWS) has secured a significant $38 billion deal with OpenAI to provide computing power, including access to hundreds of thousands of Nvidia GPUs over seven years.
• 🛍️ Kimberly-Clark, known for Kleenex and Huggies, is set to acquire the Tylenol maker, Kenvue, in a deal valued at approximately $40 billion.

Automotive Safety and Investigations

• 🚗 The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla due to new complaints about door handles not opening correctly.
• ⚠️ The investigation was initiated last month, with the NHTSA sending a letter to Tesla regarding the potential defect in certain door handles.

Financial Services and Consumer Offers

• 💳 T-Mobile is launching its first credit card in partnership with Capital One.
• 💸 This Visa card offers 2% T-Mobile rewards on purchases and a $5 monthly discount on T-Mobile bills for auto-payments, with no annual fee.