* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

    Can Technology Like Space Mirrors and Underwater Curtains Buy Us Time to Save the Arctic Ice Caps?

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Amazon’s cloud revenue is up 12% amid AI demand

August 5, 2023
in Business
Amazon’s cloud revenue is up 12% amid AI demand
Share on FacebookShare on Twitter

Amazon is one of the many businesses racing to cater to the boom in generative AI services. In the three months ending in June, sales of Amazon Web Services (AWS), Amazon’s cloud computing service, rose 12% from the same period prior, beating Wall Street estimates, the company reported.

Quartz Smart Investing with NewEdge Wealth’s Ben Emons

Amazon is a retail giant, but 70% of its profit comes from AWS. The company is also the leader in the global market share for cloud services at 40%. With its cloud expertise, Amazon is seizing the opportunity to benefit from growing AI demand.

“Inside Amazon, every one of our teams is working on building generative AI applications that reinvent and enhance their customers’ experience,” said Andrew Jassey, Amazon’s CEO, on a conference call with analysts and investors on Thursday, Aug. 3. “But while we will build a number of these applications ourselves, most will be built by other companies, and we’re optimistic that the largest number of these will be built on AWS.”

The company also reported that AWS’s operating income generated $5.4 billion, which is down 6% from the same period last year. That comes as companies, across industries, are cutting back on spending, including by switching to lower-cost computing products and trading less in crypto.

Meanwhile, last week, Microsoft reported that its earnings were driven by growth in Azure, its cloud computing service. More broadly, mentions of AI on conference calls have helped propel many tech stocks this year—Amazon’s stock is up 62%, whereas, Microsoft’s stock is up 34% so far this year.

What else is Amazon doing with generative AI?

In April, Amazon further doubled down on AI efforts by releasing Bedrock, which provides developers a platform for building generative AI applications on AWS with pre-trained models from AI startups like Anthropic and Stability AI. Amazon is also creating its own custom AI chips to compete with Nvidia and Intel.

“It’s important to remember that we’re in the very early days of the adoption and success of generative AI, and that consumer applications is only one layer of the opportunity,” Jassey said on the call.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Quartz – https://qz.com/amazon-earnings-cloud-revenue-ai-demand-1850709218

Tags: Amazon’sbusinesscloud
Previous Post

The right to pay anonymously has become part of an EU culture war

Next Post

Google to face trial in US search monopoly case next month

LensToLens: Wetlands guard bird species from plateau to urban landscape – Xinhua

How Wetlands Safeguard Bird Species Across Plateaus and Urban Landscapes

July 3, 2025
Commentary: Vatican defends science from politics, ideology and misinformation – The Salt Lake Tribune

Vatican Takes a Bold Stand: Defending Science from Politics, Ideology, and Misinformation

July 2, 2025
Scientists Merged 3 Human Brains by Thought Alone – Popular Mechanics

Scientists Achieve Mind-Blowing Feat by Merging Three Human Brains Through Thought Alone

July 3, 2025
Retired woman shares inside look at lifestyle after moving into unconventional tiny home: ‘The best decision I’ve ever made’ – The Cool Down

Retired Woman Reveals Life-Changing Joys of Living in an Unconventional Tiny Home: “The Best Decision I’ve Ever Made

July 2, 2025
​​World Rural Development Day: Refugee-Led Farming Projects That Are Feeding the World – USA for UNHCR

​​World Rural Development Day: Refugee-Led Farming Projects That Are Feeding the World – USA for UNHCR

July 2, 2025
Trump’s economy: A weak link in MAGA’s chain – The Hill

Trump’s economy: A weak link in MAGA’s chain – The Hill

July 2, 2025
BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

July 2, 2025
About 17 Million More People Could be Uninsured due to the Big Beautiful Bill and other Policy Changes – KFF

How the Big Beautiful Bill and Policy Changes Could Leave 17 Million More People Uninsured

July 2, 2025
Politics and science can mix – High Country News

When Politics Meets Science: Finding Common Ground for a Better Future

July 2, 2025
Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

July 2, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (702)
  • Economy (728)
  • Entertainment (21,616)
  • General (15,679)
  • Health (9,767)
  • Lifestyle (732)
  • News (22,149)
  • People (729)
  • Politics (735)
  • Science (15,946)
  • Sports (21,225)
  • Technology (15,712)
  • World (709)

Recent News

LensToLens: Wetlands guard bird species from plateau to urban landscape – Xinhua

How Wetlands Safeguard Bird Species Across Plateaus and Urban Landscapes

July 3, 2025
Commentary: Vatican defends science from politics, ideology and misinformation – The Salt Lake Tribune

Vatican Takes a Bold Stand: Defending Science from Politics, Ideology, and Misinformation

July 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version