Pinterest, AWS
Digest more
InvestorsHub on MSN
Pinterest commits $4 billion to AWS in long-term cloud and AI expansion agreement (PINS)
Pinterest Inc. (NYSE:PINS) has entered into a cloud services agreement worth $4 billion with Amazon Web Services (AWS), securing infrastructure support through 2031 in what represents the largest technology commitment in the company’s history.
Pinterest Inc. (NYSE:PINS) is one of the 10 best large cap stocks under $30 with highest upside potential. Back on May 5, Oppenheimer increased its target price for Pinterest Inc. (NYSE:PINS) from $24 to $30,
Pinterest and Amazon partner to form the largest infrastructure in cloud technology. The world's leading design inspiration creative site announced on Thursday it would pay Amazon Web Services
Ina Fassbender / AFP / Pinterest shares rallied Tuesday following a better-than-expected earnings report and revenue forecast. Executives said AI-powered improvements to its advertising platform are helping to offset a pullback in ad spending by some of its clients amid tariff-related headwinds.
Pinterest cut nearly 15% of its workforce and reduced office space in January as it pushes more resources into AI.
Pinterest chief Bill Ready made a bold statement during his company’s first quarter earnings call yesterday as Meta headed into another costly trial over the impact its platforms have on youth mental health.