In this articleAMZN your favorite stocksCREATE FREE ACCOUNTAttendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec.
3, 2024.Noah Berger | Getty ImagesAmazon Web Services has agreed to vide U.S.
federal agencies with up to $1 billion in discounts for cloud adoption, modernization and training through 2028, an agency overseeing government curement announced Thursday.The agreement is expected to speed up migration to the cloud, as well as adoption of artificial intelligence tools, the General Services Administration said."AWS's partnership with GSA demonstrates a d public-private commitment to enhancing America's AI leadership," the agency said in a release.Read more CNBC newsTrump's chip tariff declaration raises more questions than answeoftBank's Vision Fund posts best performance in 4 yearsApple and Trump detail $100 billion U.S.
spending expansion, including $2.5 billion for an iPhone glass factoryOpenAI is giving ChatGPT to the government for $1Amazon's cloud boss, Matt Garman, hailed the agreement as a "significant milestone in the large-scale digital transformation of government services."The discounts aggregated across federal agencies include credits to use AWS' cloud infrastructure, modernization grams and training services, as well as incentives for "direct partnership."The GSA announced a similar deal last month with cloud rival Oracle.
The agency also reached an agreement with OpenAI on Wednesday that will give federal agencies access to ChatGPT for $1 through the next year.Don’t miss these insights from CNBC Nvidia gets price target hike from Goldman Sachs ahead of earningsA bearish 'double top' pattern just formed in the Dow.
What that meansThe charts show Tesla s could be on the verge of a big swing, Katie Stockton saysCaterpillar, Eaton reports show hit from tariffs, cast doubt on 2025′s hottest Wall Street tradeWATCH: Top AWS exec on the outlook for generative AIwatch now4:1604:16Top Amazon AWS executive on the outlook for generative AIWorldwide Exchange