What are the different AWS pricing models?
An example of an AI chatbot conversation about AWS pricing models and their features.
What are the different AWS pricing models?
AWS offers several pricing models including On-Demand, Reserved Instances, and Spot Instances.
Can you explain the On-Demand pricing model?
On-Demand pricing allows you to pay for compute capacity by the hour or second, with no long-term contracts.
What about Reserved Instances?
Reserved Instances provide a significant discount compared to On-Demand pricing in exchange for a commitment to use AWS for a one or three-year term.
And Spot Instances?
Spot Instances let you bid on unused EC2 capacity at potentially lower prices, but they can be interrupted.
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