Amazon Q1 Sales Surge, Beats Forecasts with AI-Driven Cloud Growth

May 1, 2024, 09:25 AM

Amazon has reported a significant increase in sales, surpassing Wall Street's expectations for the first quarter. The growth has been attributed to a surge in interest in artificial intelligence, which has notably boosted its cloud computing division. This performance marks a notable success for the e-commerce giant in leveraging cutting-edge technology to enhance its business operations.