Amazon to invest over a trillion in AI ventures by 2026
Amazon reported a revenue of $716.9 billion last year, a 12% increase from the previous year. Their net income after tax rose to $77.7 billion, up over 30% from 2024. The growth is largely attributed to Amazon Web Services (AWS), whose sales increased by 20% to $128.7 billion. CEO Andy Jassy attributes this growth to […]