Amazon AWS revenue rises 39% as cloud rivals also accelerate
AIAmazon Web Services reported third-quarter revenue of $45.98 billion, up 39% year over year and above the $45.29 billion analyst consensus. AWS also acquired data analysis startup DuckLabs, and its operating income rose 55% to $17.77 billion.
AIWhy it matters.
The report places AWS's growth against Google Cloud and Azure, showing how the cloud market's AI-driven build-out is shifting relative scale.
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CNBC · Technology · cnbc.comPublished
Original title: Amazon AWS posts 39% revenue growth as cloud rivals also accelerate