Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud - and it seems to be paying off
Briefly

from Business Insider2 weeks ago
AI contributed to an acceleration of growth at those companies' cloud businesses, seeing significant customer demand and investing to meet it.
Business Insiderhttps://www.businessinsider.com/ai-is-paying-off-for-some-major-cloud-providers-2024-5?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter
Amazon's AI efforts, including Bedrock, Q, and investment in Anthropic, have driven growth in AWS cloud segment, with Q1 net sales up 17%.
Business Insiderhttps://www.businessinsider.com/ai-is-paying-off-for-some-major-cloud-providers-2024-5?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter
Read at Business Insider
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