Amazon signs cloud deal with Toyota

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Amazon Web Services, one of the company’s fastest-growing, highest-margin businesses, would provide a platform for Toyota to manage, analyze and, in some cases, monetize data.

In the automotive sector, Amazon has previously partnered with automotive suppliers such as Aptiv (NYSE:APTV), Panasonic (OTC:PCRFY) Corp and Nvidia (NASDAQ:NVDA) Corp, big transportation providers such as Uber (NYSE:UBER) and Avis, and self-driving heavy truck startups Embark and China’s TuSimple.

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