Meta reaches a huge agreement with Amazon to use Amazon products for AI development

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AIMPACT news, April 24 (UTC+8), Meta Platforms(META.O) and Amazon(AMZN.O) have reached a deal worth billions of dollars that will take effect over the next few years. Under the agreement, the social media company will use tens of millions of Amazon Web Services (AWS) Graviton chip cores to support its AI agents and other AI initiatives. Amazon Vice President Bashara said the deal will run for three to five years, and most of the tens of millions of AWS Graviton cores will be located in the United States. (Source: PANews)

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