AWS CEO Discusses AI ROI and Revenue Diversification

Reported 29 days ago

At the 2024 Goldman Sachs Communacopia and Technology Conference, AWS CEO Matt Garman spoke about the rapid growth of AI at Amazon Web Services, highlighting diverse revenue streams such as AI model sales and infrastructure services, which contribute to multibillion-dollar revenues. Garman emphasized the significant potential of AI technology for enterprises and startups, noting that AWS's business model supports financial success in this area.

Source: YAHOO

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