The e-commerce giant is making more money than expected from AWS but it’s also spending a lot, and will continue to do so in the near term, its chief executive said.
Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels.
Amazon’s cloud business… [2682 chars]
Source: TechCrunch | Published: 2026-04-30T00:14:23Z
Credit: TechCrunch
