AWS profits and revenue rise as public cloud giant plots AI infrastructure investments
Amazon Web Services (AWS) has reported a 19% year-on-year (YoY) increase in revenue, and a 72% uptick in operating income in its second quarter results, and pledged to grow its artificial intelligence (AI)-related datacentre investments. The quarter covers the three months to 30 June 2024, which also saw Amazon.com report a total revenue of $148bn,…
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