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Unspecified Companies Announce $3.4 Billion Five-Year AI Cloud Deal and Up to 5 GW Infrastructure Target
A strategic partnership consisting of two distinct parts was formed, including a $3.4 billion five-year AI cloud contract and plans to accelerate the deployment of up to five gigawatts of AI infrastructure. The agreement combines cloud computing capacity with physical infrastructure expansion. @YahooFinance reported the details.
May 8, 1:36 PM·1m read1 source
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A strategic partnership was formed that consists of two distinct parts. 4 billion five-year AI cloud contract. It also includes accelerating the deployment of up to five gigawatts of AI infrastructure.
The AI cloud contract has a duration of five years. 4 billion. The strategic partnership includes both the financial commitment to cloud services and the infrastructure build-out target.
No further details on the parties involved or timing were disclosed in the initial announcement.
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