THE AMAZON CLOUDS BUSINESS COMPANY IS GROWING DEMAND FOR AI SERVICES FOR THE FIFTH CONSECUTIVE QUARTER

On 31 July, the cloud computing business battalion announced in Amazon exceeded the analyst ' s expectations and the robust demand for artificial intelligence services accelerated sales for the fifth consecutive quarter. The Amazon issued a statement on Thursday stating that, as of the quarter of 30 June, Amazon Web Services (AWS) had recorded an increase of 37 to 42.2 billion dollars in revenues for the sub-colour computing operation. This is the fastest increase since the fourth quarter of 2021. Analysts expect an average of $40.6 billion from AWS. AWS contributes about one fifth of Amazon revenue and most of business profits。