Bloomberg Technology | Amazon Reports Biggest Cloud Sales Jump Since 2022 on AI Demand by Matt Day

AI generated summary, Read the full article for complete information.

Amazon.com Inc. is rapidly expanding its data‑center capacity to meet soaring demand for artificial‑intelligence computing, driving the fastest quarterly sales growth for its cloud unit in more than three years. Over the twelve months ending 31 March, the company recorded $151 billion in property‑and‑equipment spending—$57.9 billion higher than the same period a year earlier—as it seeks to capture a larger share of business from leading AI firms such as Anthropic and OpenAI.

Read more: https://www.bloomberg.com/news/articles/2026-04-29/amazon-reports-biggest-cloud-sales-jump-since-2022-on-ai-demand

#Amazon #AmazoncomInc #AnthropicPBC

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