Amazon sales soar with boost from artificial intelligence and advertising
The Guardian - 2024-04-30T22:47:44.000Z

Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectationsAmazon profits soared once again in the first quarter of 2024, the company announced on Tuesday – the latest in a series of robust earnings reports for the retail giant. The company attributed the boost to artificial intelligence and advertising sales.Amazon reported overall revenue of $143.3bn in the first three months of the year – up 13% from the same period in 2023...

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