April 30, 2024, 10:47 p.m. | Kari Paul

Artificial intelligence (AI) | The Guardian www.theguardian.com

Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations

Amazon 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 …

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