Amazon stock moved higher after the tech giant announced a $4 billion cloud AI deal with Pinterest. Pinterest shares also climbed.

Acordo fechado tem validade até 2031 entre as duas empresas

The visual discovery platform deepens its over decade-long relationship with AWS to accelerate AI innovation for more than 600 million monthly users.

June 4 : Pinterest said on Thursday it would pay Amazon Web Services $4 billion for using its cloud services through 2031.