Amazon beat forecasts over the first quarter, with a little help from the bots. The e-commerce titan said Tuesday that interest in AI helped drive growth for its cloud computing division. That saw total sales jump 13% to just over $143 billion. Net income more than tripled to over $10 billion. AI has been a fixation in Silicon Valley since ChatGPT debuted in late 2022.
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Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools.
A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy.
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