Pinterest and IBM just struck massive AI deals. Amazon and Google are the big winners.
- Jun 7
- 1 min read
BARRON’S — Amazon Web Services—the online retailer’s cloud-computing unit– has received a $4 billion commitment from social-media company Pinterest through 2031.
“The agreement is the largest infrastructure commitment in Pinterest’s history and is expected to accelerate the company’s AI roadmap, provide a more responsive search and shopping experience and further modernize the infrastructure powering Pinterest’s global visual search discovery platform,” Pinterest said in a statement.
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