PANews|Apr 24, 2026 12:07
[Meta and Amazon Reach Multi-Billion Dollar Agreement to Use Amazon Products for AI Development]
According to The Wall Street Journal, Meta Platforms (META.O) and Amazon (AMZN.O) have reached a multi-billion dollar agreement that will take effect in the coming years. Under the agreement, the social media company will utilize tens of millions of Amazon Web Services (AWS) Graviton chip cores to support its AI agents and other artificial intelligence initiatives. Amazon Vice President Bascharah stated that the deal will last three to five years, with the majority of the tens of millions of AWS Graviton cores located in the United States.
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