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 has committed $4 billion to AWS through 2031 to power its next version of AI-powered visual search. Its platform serves more than 600 monthly users worldwide.

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 Inc (NYSE:PINS) has announced a planned $4 billion commitment with Amazon Web Services (AWS) through 2031, deepening a long-running partnership aimed at expanding its artificial intelligence infrastructure and capabilities.

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.