Related News

Ozelyt NAD+ Booster Complex – Tap Into the $18B Longevity Market

Product Name: Ozelyt NAD+ Booster Complex – Tap Into the $18B Longevity Market Click here to get Ozelyt NAD+ Booster Complex – Tap Into the $18B Longevity Market at discounted

Are we in an AI bubble? What tech leaders and analysts are saying

Are we in an artificial intelligence bubble? It’s the debate that dominated the tech industry in 2025, and it’s not going away anytime soon. Record valuations and deals driven by

Oracle announces board departures George Conrades and Naomi Seligman

George H. Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in Washington on April 13, 2004. Jay Mallin | Bloomberg

Amazon plans first big-box retail store in Chicago suburb

An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images Amazon has submitted plans for a large-format store near Chicago that would be larger than a Walmart Supercenter, marking

OpenAI and Softbank Group announce $1 billion investment in SB Energy

SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI and SoftBank

Meta signs 3 deals for nuclear energy to power AI data centers

Meta has cut a trio of deals to power its artificial intelligence data centers, securing enough energy to light up the equivalent of about 5 million homes. The parent company

AWS Q2 2025 earnings report Amazon cloud

Word Count: 248 | Estimated Reading Time: 2 minutes

Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 4, 2024.

Noah Berger | Reuters

Amazon’s cloud group grew recorded revenue growth of 18% in the second quarter, slightly ahead of analysts’ estimates.

Amazon Web Services continues to lead the cloud infrastructure market, but is facing intensifying pressure from Microsoft and Google, as all three companies ramp up investments in artificial intelligence to take advantage of booming demand.

Microsoft and Google reported better-than-expected cloud results for the latest quarter, with higher growth rates than Amazon.

On Wednesday, Microsoft CEO Satya Nadella said revenue from Azure and other cloud services exceeded $75 billion in the fiscal year ending June 30, with growth in the quarter of 39%. It’s the first time Microsoft has provided a dollar figure for the business. Last week, Alphabet reported revenue of $13.62 billion for its cloud computing business, a 32% increase from a year ago.

AWS’ revenue for the second quarter totaled $30.87 billion, Amazon said on Thursday. Analysts polled by StreetAccount had expected $30.8 billion. AWS now represents 18% of Amazon’s revenue.

The cloud remains a profit center for Amazon. AWS generated $10.2 billion in second-quarter operating income, trailing the average analyst estimate of $10.9 billion, according to StreetAccount. Amazon’s total operating income was $19.2 billion.

During the quarter, AWS said it would open a data center region in Chile before 2027, and PepsiCo announced a multi-year agreement that involves moving workloads to the Amazon cloud.

WATCH: Top Amazon AWS executive on the outlook for generative AI