No they both have 1GB processor & the PW has 256MB RAM, which is internal system memory that is used by the device while it is running any software/processes, and is wiped when the device is switched off. The Aura must have some RAM (otherwise it wouldn't work), but it is NOT stated in any of the tech details or elsewhere.
Yes you are correct that the internal/on-board flash memory or storage is 4GB on the Aura, and can be increased to 32GB with an SD Card. The PW only has 2GB and as it doesn't have an SD Card, you have to rely on cloud storage on Amazon's servers as their answer to extended storage space.
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