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Amazon AWS posts 39% revenue growth, cloud rivals also accelerate

Amazon AWS posts 39% revenue growth, cloud rivals also accelerate

The cloud division of Amazon achieved a revenue increase of 39%, mirroring a trend of acceleration among its competitors in the sector.

During the reporting period, Amazon's cloud services secured agreements with both Meta and OpenAI, contributing to its revenue surpassing what analysts had predicted.

Reported across 1 source

View original sourcecnbc.com

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