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Amazon hikes AI cloud service prices by 20%
short by Vaishnavi Mishra / on Monday, 29 June, 2026
Amazon Web Services has raised prices for EC2 Capacity Blocks for ML, a service that lets customers reserve GPU-powered computing capacity in advance. Widely used by major AI developers for training and fine-tuning models, the service will see hourly rates increase by about 20% starting in July, adding to the rising costs of building and deploying advanced AI systems.
read more at NewsBytes