Amazon is not only the world's largest online retailer, but also a leading player in cloud services. In the AI boom, this ensures growth - but also brings high costs for new data centers.
Amazon continues to benefit massively from its cloud business. The AWS division accelerated its growth in the past quarter and increased sales by 39 percent year-on-year to $46 billion. The division generated an operating profit of $17.8 billion – 55 percent more than a year ago. With the cloud business of AWS, the world's largest [...]