Steve Jennings | TechCrunch | Getty Images
Pinterest co-founder and CEO Ben Silbermann speaks at the TechCrunch Disrupt conference on September 18, 2017 in San Francisco.
Every day, Pinterest processes and stores tons of food images, vacation pictures, and videos using the Amazon cloud. Now we know how much this work costs.
Pinterest's agreement with AWS contains an unusual provision that allows the agreement to terminate when the company is acquired.
Pinterest said that it can not terminate the contract until the minimum commitment is met, except for termination only under certain additional conditions (such as the material breach or acquisition by us of the other party) of another Provider of cloud services). "
Not only is Amazon a technology provider to Pinterest, it's also a competitor." In its contest section, Pinterest introduces Amazon and Google as part of a group of larger competitors, many of whom have "significantly greater financial and human resources." 19659006] WATCH: Amazon Cloud CEO: We have a running rate of $ 30 billion in the early stages