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The Nexus
TECHNOLOGYJun 26 · 17:12 UTCBUSINESS INSIDEREugene Kim ([email protected])

Forget Apple. Amazon just made AI a lot more expensive.

Amazon Web Services (AWS) is raising key AI cloud prices by 20% due to soaring memory chip costs and strong AI demand. This follows a 15% price increase in January, with memory shortages driving up costs for cloud customers and impacting tech companies like Apple and Xbox.

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