In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Snowflake has signed a $6 billion five-year deal with Amazon Web Services to access its ARM-based CPU chip, Graviton, driven by growing demand for AI processing. The deal highlights the increasing importance of AI in cloud computing and the competition between cloud providers and chip makers. Snowflake's customers are accelerating their spending on AWS, with AI driving the growth.