AWS is negotiating a huge deal to supply IBM with Nvidia GPUs via the cloud
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AWS is in talks with IBM for a $475 million deal to supply Nvidia GPUs via the cloud. IBM already utilizes AWS services for AI, including training models on EC2 servers with Nvidia chips.
November 12, 2024 | 5:00 pm
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AWS, a subsidiary of Amazon, is negotiating a $475 million deal with IBM to supply Nvidia GPUs via the cloud, enhancing its AI service offerings.
The deal signifies a significant expansion of AWS's cloud services, particularly in AI, which could positively impact Amazon's stock by enhancing its competitive edge in the cloud market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
IBM is negotiating a $475 million deal with AWS to access Nvidia GPUs via the cloud, which could enhance its AI capabilities.
The deal would enhance IBM's AI capabilities by leveraging AWS's cloud infrastructure and Nvidia GPUs, potentially improving its competitive position in AI services.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Nvidia's GPUs are central to a $475 million deal between AWS and IBM, highlighting the demand for its chips in AI cloud services.
The deal highlights the demand for Nvidia's GPUs in AI applications, which could positively impact Nvidia's stock by reinforcing its position as a leader in AI hardware.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70