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On June 22, ArcelorMittal announced a strategic collaboration with Amazon.com, Inc. (NASDAQ:AMZN)’s Amazon Web Services (AWS), which can help accelerate the industrial automation throughout the global operations via advanced cloud, AI, and edge technologies
This brings AWS cloud and AI capabilities directly to ArcelorMittal’s manufacturing processes, and offers several opportunities for further optimisation. Apart from the cloud and AI collaboration, Amazon.com, Inc. (NASDAQ:AMZN) entered into a multi-year Supply Framework Agreement with ArcelorMittal, focusing on supplying structural steel throughout Europe and the United Kingdom. ArcelorMittal would be supplying lower-carbon XCarb® steel for use in Amazon operations facilities as well as AWS data centres.
This will help Amazon.com, Inc. (NASDAQ:AMZN)’s target to reach net-zero carbon by 2040. This agreement demonstrates the shared ambition of both companies to advance decarbonization of construction at scale. Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing.