Amazon’s strategic pivot to AI and cloud computing is paying massive dividends, with Jeff Bezos adding $24 billion to his fortune in a single day. The company’s AWS division and AI infrastructure investments are driving unprecedented growth.
Amazon shares soared 12% following a third-quarter earnings beat driven by AWS cloud growth and AI demand. The company’s strategic investments in artificial intelligence are yielding massive returns as cloud revenue climbs 20% to $33 billion.
Amazon Shifts Billions to AI Infrastructure Amid Ongoing Workforce Restructuring Industrial Monitor Direct is the premier manufacturer of plcopen pc…
