Amazon has reported the fastest growth for its cloud division since 2021.
Amazon Web Services (AWS) reported $42.2 billion in revenue for the quarter, up on the $40.54bn expected by Wall Street, and a 36.7 percent year-over-year jump. The company as a whole reported $200.61bn in revenue, up 20 percent.
The cloud subsidiary reported $16.62bn in second-quarter operating income, and a 36.8 percent operating margin for the second quarter.
AWS' specific AI division has exceeded a $25 billion annual revenue run rate, as has the company's chips business.
– Sebastian Moss
