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Amazon’s AWS reveals why its AI spending is paying off

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For months, investors have questioned whether Big Tech was spending too aggressively on artificial intelligence. Amazon’s latest earnings may have just delivered one of the strongest answers yet. The company exceeded Wall Street’s expectations after Amazon Web Services (AWS) posted 37% year-over-year revenue growth, generating $42.2 billion during the second quarter. Analysts had expected cloud […] The post Amazon’s AWS reveals why its AI spending is paying off appeared first on Rolling Out .

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