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Nvidia internal memo: Major US bank looking for Amazon cloud alternative, AWS responds

Nvidia internal memo: Major US bank looking for Amazon cloud alternative, AWS responds

Capital One is reportedly exploring alternatives to Amazon Web Services due to concerns over escalating artificial intelligence (AI) expenses. The banking major is seeking to control costs, potentially by building an in-house "AI factory" or utilizing specialized "neoclouds." This move reflects a broader trend of companies grappling with the high cost of AI adoption and cloud computing.

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