3 Tech Titans Triumph: AI Fuels Sales Surge

  • Tech giants Amazon, Microsoft, and Alphabet (Google's parent company) are celebrating strong sales figures.
  • All three companies surpassed analyst expectations, driven by the booming Artificial Intelligence (AI) sector.
  • Amazon's cloud unit, Amazon Web Services (AWS), reached a record $100 billion annual run rate, boosted by AI demand.
  • Microsoft's Azure and Google Cloud also reported impressive growth, exceeding 25% each.
  • This robust performance reflects the increasing importance of AI in various industries, leading to higher spending on cloud computing resources.

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