Amazon CEO Predicts Generative AI Will Boost AWS Revenue by Billions in the Coming Years
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Amazon released its third-quarter earnings report for the fiscal year 2023, showing a 13% increase in net sales and a 244% surge in net profit. Amazon CEO Andy Jassy is optimistic about AWS's future growth, believing that the generative AI market will present significant opportunities for AWS. Customers are satisfied with Amazon's services and the prospects for the development of generative AI. Jassy emphasized the enormous potential of AWS, expecting it to generate hundreds of billions of dollars in revenue for the company over the next several years.
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