Accueil » [Amazon results] Focus on A.I. to revive AWS, a declining source of profitability in Q1 [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 à 10h25 - Update on 12 May 2023 à 16h52 Resources On 27th April 2023, Amazon released the first quarter results, showing slowing e-commerce but dynamic advertising growth.… This article is for subscribers only Already have an account? Log in You are not registered yet ? Sign up for a free trialfree for 1 month Online services : studies, analyses, databases and much more Daily Briefing : latest news digest Weekly letters Last name First name Email address Bleuenn Fequant et Aymeric Marolleau digitale-commercefinancial results À lire [Amazon results] Online sales down and US$3bn losses in 2022... How does Amazon stay afloat?
