'Amazon, Databricks Strike Five-Year Deal Around AI Chips' - WSJ
Portfolio Pulse from Benzinga Newsdesk
Amazon.com and Databricks have entered a five-year agreement to utilize Amazon's Trainium AI chips, potentially reducing costs for businesses developing AI capabilities. This deal positions Amazon's chips as a cost-effective alternative to Nvidia's GPUs.
October 15, 2024 | 12:10 pm
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Amazon has partnered with Databricks to use its Trainium AI chips, potentially reducing costs for AI development and challenging Nvidia's dominance in the AI chip market.
The partnership with Databricks to use Amazon's Trainium AI chips could enhance Amazon's position in the AI chip market by offering a cost-effective alternative to Nvidia's GPUs. This could lead to increased adoption of Amazon's chips, positively impacting its stock price.
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