Tag: Amazon
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Amazon’s Earnings Jolt Underscores the Massive AI Opportunity Before CIOs
Join Us Now Amazon reported record first-quarter sales late last month, fueled by AI-powered growth in its AWS cloud computing unit which soared 17% to roughly $25 billion. AWS is a major profit center for Amazon, where the division’s operating profit rose nearly 84%, according to The Wall Street Journal. Amazon CEO Andy Jassy says
