Amazon Web Services (AWS) has entered a significant three-year cloud and artificial intelligence partnership with global technology investor Prosus NV. The deal, announced on February 4, 2026, is valued in the "hundreds of millions of dollars," according to Igor Cardoso, Head of the Prosus Ecosystem, though the exact figure was not disclosed.
The agreement involves Prosus consolidating its existing cloud and AI contracts into a single strategic pact with AWS. This migration to AWS infrastructure and data centers across multiple regions is expected to deliver double-digit cost savings for Prosus through system standardization and optimization of contract management.
"We are now developing and investing in life assistants to help these businesses," said Cardoso, highlighting Prosus's commitment to AI. He noted the company allocates roughly $100 million annually to AI talent and infrastructure and employs a team of about 1,000 AI professionals who will collaborate with Amazon's technical teams to create and deploy applications.
The partnership is a key component of Prosus's strategic reorganization under CEO Fabricio Bloisi, focusing on growth in European, Indian, and Latin American markets with the goal of doubling its value by 2028. The company plans to roll out its large commerce model in Latin America first, leveraging existing operations like iFood, Despegar, and OLX.
For Amazon, the deal provides a positive signal of sustained enterprise demand for cloud and AI services ahead of its Q4 fiscal 2025 earnings report on February 5. Analysts project adjusted earnings per share of $1.97 on revenue of $211.44 billion, a 12.6% year-over-year increase. The agreement adds to AWS's growing backlog of contracted revenue, enhancing financial visibility and stability.
