[Breaking] Amazon’s AWS Revenue Surges 37%... Fastest Growth Rate Since 2021
Amazon’s cloud business revenue has surpassed market expectations. Driven by increased demand for artificial intelligence (AI) services, Amazon Web Services (AWS) has recorded growth for the fifth consecutive quarter.
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On the 30th (local time), Amazon announced that its second quarter AWS revenue reached 42.2 billion dollars, representing a 37% increase year-on-year. This marks the fastest growth rate since the fourth quarter of 2021, exceeding the 40.6 billion dollar consensus forecast compiled by Bloomberg.
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