recent efforts to reduce expenses as it struggles with slowing revenue growth, it's cutting back on how much it's paying major cloud providers. While Andersen did not say exactly how much Snap is now saving on its cloud costs, he presented a chart on infrastructure cost per daily active user, showing that cost is now down to $2. Twitter disclosed that most of its $515 million in "annual cost of revenue" stemmed from cloud services, according to its last letter to shareholders as a public company