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Amazon Web Services CEO Matt Garman speaks at AWS RE: The Las Vegas Conference on December 4, 2024.
Noah Berger | Reuters
Amazon In the second quarter, Cloud Group recorded an increase in revenue by 18%, slightly ahead of analysts’ estimates.
Amazon Web Services continues to lead the cloud infrastructure market but is facing pressure gain Microsoft and GoogleBecause all three companies increase investment into artificial intelligence to take advantage of flowering demand.
Microsoft and Google reported more than expected cloud results Over the last quarter, with a higher growth rate than Amazon.
Wednesday CEO Microsoft Satya Nadel said profit from Azure and other cloud services exceeded $ 75 billion In the financial year, ending on June 30, 39%increase in the quarter. This is the first time Microsoft provided for the business the dollar. Last week, Alphabet reported a profit of $ 13.62 billion for his business, which is 32% compared to a year ago.
AWS profits for the second quarter amounted to $ 30.87 billion, Amazon said on Thursday. Analysts surveyed by Stretaccount expected $ 30.8 billion. Now AWS is 18% of Amazon’s profits.
The cloud remains the profit center for Amazon. AWS has brought $ 10.2 billion in the second quarter, given the average estimate of $ 10.9 billion analysts, Streetaccount reports. Amazon’s total operating profit amounted to $ 19.2 billion.
During the AWS quarter said the data center will open Region in Chile By 2027, and Pepsik announced A long -standing agreement This involves moving loads into the Amazon cloud.
