Amazon s cloud business is surging — and so is its capital spending
What's reported
The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive said.
Why it matters
This story is appearing in the AI & prompts feed and is being tracked across multiple outlets. We'll update this post as further details emerge from the primary source.
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Sources
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