Amazon's AWS Surges on AI Demand, Posts Fastest Growth in Years

Amazon has reported remarkable growth in its cloud computing division, AWS, driven by soaring demand for artificial intelligence services. Sales jumped 28% to $37.6 billion, with CEO Andy Jassy noting it's the fastest growth the unit has seen in 15 quarters. Despite pressures on free cash flow, the company is making massive infrastructure investments to sustain long-term expansion. This AI-fueled momentum positions Amazon to capitalize on the next wave of digital transformation.