AWS, Amazon’s (NASDAQ: AMZN) cloud computing division, has held first place in the sector worldwide for years. Microsoft is in second place and is gaining. AWS appears to be struggling but has implemented a way to keep sales rising quickly.
CNBC states, “Amazon Web Services is doubling the value of credits that some startups can use on its products from $100,000 to $200,000.” The news channel speculates that Micorosft’s lead in AI has helped it improve the attractiveness of its cloud products. Many observers believe that Microsoft’s (NASDAQ: MSFT) relationship with OpenAI has given it that lead in most AI-based products.
Some signs are that Amazon is playing catchup with Microsoft’s AI initiatives. Reuters reports that recently, “Amazon.com announced a new artificial intelligence chip for its cloud computing service as competition with Microsoft to dominate the market for artificial intelligence heats up.” Amazon also announced it would let clients use their AI products on AWS instead of the AWS products.,……
Global News 
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