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[Amazon results] Focus on A.I. to revive AWS, a declining source of profitability in Q1

Whilst Amazon's e-commerce business is losing momentum (down by 0.1% year-on-year), the AWS cloud service is recording the slowest growth since 2015. To improve profitability, the tech giant is introducing a series of AI-based tools for businesses. Amazon's year-on-year revenue growth was 11%, driven by the marketplace and the cloud.

Through Bleuenn Fequant et Aymeric Marolleau. Published on 09 May 2023 Ă  10h25 - Update on 12 May 2023 Ă  16h52

On 27th April 2023, Amazon released the first quarter results, showing slowing e-commerce but dynamic advertising growth.…

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