Amazon is accelerating its AI ambitions beyond warehouses and ads, betting big on AWS — its cloud arm — by developing custom chips and expanding data centers. But to keep up, AWS is turning to “neoclouds” like Nebius Group, which specialize in high-performance GPU computing. With Nebius already powering giants like Microsoft and Meta, a potential AWS partnership could be huge: for Amazon, it fills infrastructure gaps after a $25B bond issuance; for Nebius, it’s a major validation and growth catalyst. With AWS earnings looming, investors are watching closely for a deal that could reshape the AI computing landscape.
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