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Amazon’s Cloud Business Has Its Challengers. Analysts Think AI Is Key to Staying Dominant.

2023-10-27 05:23
Amazon rallies after CEO Andy Jassy says the company's cloud-computing business won large contracts in the third quarter. Wall Street is looking for AI to drive future cloud growth.
Amazon’s Cloud Business Has Its Challengers. Analysts Think AI Is Key to Staying Dominant.

Amazon rallies after CEO Andy Jassy says the company's cloud-computing business won large contracts in the third quarter. Wall Street is looking for AI to drive future cloud growth.