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AWS have 35% profit margins. Google Cloud recently told Meta they couldn't supply all the ai compute they want so Meta has no choice but to secure their supply
by khurs 3mo ago
AWS have 35% profit margins.
Google Cloud recently told Meta they couldn't supply all the ai compute they want so Meta has no choice but to secure their supply?
https://memeburn.com/google-limits-metas-gemini-ai-access-as-compute-crunch-bites/ https://memeburn.com/google-limits-metas-gemini-ai-access-as...
- cmiles8 3mo agoYes… and AWS is critical to the cash flow and valuation of its parent Amazon. The market looking like it’s trending towards oversupply does not paint a good picture in that context. AWS has to operate at these margins as most of the rest of Amazon is a very low margin business. Google, Microsoft and others have separate cash cows. For Amazon, AWS is the cash cow. They can’t afford a blip here.