AWS results see public cloud giant tap into surging GenAI demand
Amazon Web Services (AWS) has seen a rebound in its year-over-year revenue growth rate, which the firm is attributing to enterprises completing their post-pandemic cloud cost optimisation efforts. The company’s first quarter results, which cover the three months to 31 March 2024, saw the public cloud giant report a 17% year-on-year uptick in revenue to $25bn,…
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