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AWS giving federal agencies up to $1B in discounts, CNBC reports

Amazon Web Services (AMZN) is providing federal agencies with up to $1B in discounts through 2028, CNBC’s Annie Palmer reports. The agreement is expected to speed up migration to the cloud and adoption of AI tools, according to the report. The GSA announced a similar deal last month with cloud rival Oracle (ORCL) and has reached an agreement with OpenAI to give federal agencies access to ChatGPT at a discount.

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