- Amazon.com (NasdaqGS: AMZN) secured a generative AI cloud contract from Verizon worth more than US$2b via Amazon Web Services.
- The multi year agreement focuses on delivering generative AI infrastructure to support Verizon’s internal operations and customer facing services.
- The deal highlights AWS’s role in supplying large scale, mission critical AI tooling for a major US telecom provider.
- Verizon’s US$2b generative AI cloud agreement with AWS is important, but investors will want to weigh Amazon’s wider picture too. Check out 2 warning signs (1 major) that Amazon.com investors should know about.
Consider widening your watchlist to other companies building and supplying the infrastructure that underpins modern AI workloads through 55 AI infrastructure stocks.
Amazon.com runs a vast retail and cloud ecosystem, and this Verizon agreement taps into the Amazon Web Services side of the group that supplies computing power, data…
