The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI, but read the full article for complete information.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI, but read the full article for complete information.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
·
3d ago
US Top News and Analysis | Amazon custom chips get a boost from Meta, giving the cloud giant another path to win in AI
AI generated summary, Read the full article for complete information.
Amazon’s shares jumped nearly 3 percent after Meta announced a multi‑year deal to run its AI workloads on Amazon Web Services’ Graviton CPUs, making Meta a top‑five Graviton customer and underscoring AWS’s growing role in AI infrastructure. The partnership highlights Amazon’s broader chip strategy—offering cost‑efficient Graviton processors for “always‑on” reasoning tasks and Trainium accelerators for AI model training—as a complement to Nvidia’s GPUs and a way for cloud customers like Meta to lower compute expenses. Jim Cramer praised the move, noting that Amazon’s chip revenue now exceeds $20 billion and is growing at triple‑digit rates, and he maintains a bullish outlook on both Amazon and Meta ahead of their upcoming earnings reports.
Read more: https://www.cnbc.com/2026/04/24/amazon-custom-chips-get-a-boost-from-meta-giving-the-cloud-giant-another-path-to-win-in-ai.html
#Amazon #Meta #AWS #Graviton #JimCramer
AI generated summary, Read the full article for complete information.
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