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Pinterest must spend at least $ 750 million on AWS: IPO filing



  Pinterest Co-founder and CEO Ben Silbermann speaks at the TechCrunch Disrupt conference in San Francisco on September 18, 2017.

Steve Jennings | TechCrunch | Getty Images

Pinterest Co-founder and CEO Ben Silbermann speaks at the TechCrunch Disrupt conference in San Francisco on September 18, 2017.

Pinterest treats and saves a ton of food pictures, holiday photos and videos using Amazon's cloud. Now we know how much all that work costs.

Pinterest's agreement with AWS has an unusual provision permitting the agreement

Pinterest said that it cannot "terminate the agreement until the minimum obligation is met, except termination only under certain additional conditions (such as the other party's material breach or acquisition of us by another shooting service provider). "

Amazon is not just a technology provider to Pinterest – it's also a competitor. In its part about competition, Pinterest emphasizes Amazon and Google as part of a group of major rivals, many of which have significantly greater financial and human resources.

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