Amazon soars as cloud revenue surge allays fears over ballooning AI bets
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Channel News Asia
Malesia
1h
Amazon soars as cloud revenue surge allays fears over ballooning AI bets
July 31 : Amazon shares surged 13 per cent premarket on Friday after the tech giant's solid cloud sales growth reinforced investor confidence in its massive AI bets and quashed any concerns about the company trailing its Big Tech rivals in the AI race. The e-commerce and cloud titan posted its stro»»»
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