What are the different EC2 pricing models?
An example of an AI chatbot conversation about EC2 pricing models and their benefits.
What are the different EC2 pricing models?
Amazon EC2 offers several pricing models: On-Demand, Reserved Instances, Spot Instances, and Savings Plans.
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 commitments.
What about Reserved Instances?
Reserved Instances provide a significant discount compared to On-Demand pricing in exchange for a commitment to use a specific instance type for a one or three-year term.
How do Spot Instances work?
Spot Instances let you bid on unused EC2 capacity at potentially lower prices, but they can be interrupted.
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