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Amazon's cloud unit records highest profit margin in at least a decade - CNBC AWS leads the cloud infrastructure market over Google and Microsoft and is an important source of profit for Amazon. On Tuesday Alphabet said revenue ...
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| Microsoft is still winning the cloud war against Google — but in AI, it's all to play for Google Cloud revenue grew 35% year over year to $11.4 billion, which the company said was bolstered by "accelerated growth" in its AI products.
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| Amazon beats Wall Street expectations with strong cloud business growth - The Guardian Amazon became the latest of the "Magnificent Seven" tech giants to report quarterly earnings on Thursday, with all eyes once again on cloud computing ...
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| AI adoption drives 'unmanageable' spike in cloud costs | Supply Chain Dive Enterprise cloud costs rose an average of 30% in the last year, respondents said. Spending on AI applications and generative AI specifically were ...
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