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Amazon profits soar 35% as AI investments boost sales

Amazon profits soar 35% as AI investments boost sales

NZ Herald4 days ago
Amazon has reported a 35% rise in quarterly profits, saying big investments in artificial intelligence are starting to pay off.
The Seattle-based company posted net profit of US$18.2 billion ($30.9 billion) for the second quarter that ended June 30, compared with US$13.5b in the corresponding period last year.
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