Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results

The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters.

Source: The Economic Times31 July 2026 at 8:09 am ISTrss

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Original headline: Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
Product category: General technology
Curation state: ingested