Amazon beats quarterly cloud growth estimates (opens in new tab)

Revenue at Amazon Web Services (AWS) jumped 28% to $37.6 ‌billion in the first quarter ended March, compared with analysts' average estimate of a 25.08% increase to $36.61 billion, ​according to data compiled by LSEG. The upbeat revenue comes when Amazon - the world's largest cloud services provider - has already boosted investor confidence by deepening its partnership with the two biggest AI firms, OpenAI and Anthropic, within days of each other. On Tuesday, Amazon made available all of Open...