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Amazon shares sink as spending on AI overshadows growth in cloud unit

Amazon’s cloud computing unit is growing steadily, keeping pace with AI demand, but the e-commerce giant’s massive spending on AI data centers and weaker advertising performance are worrying investors. Amazon on Thursday reported third-quarter revenue of $201.9 billion, slightly missing expectation…

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  1. 2026-10-30 18:13 · r/ArtificialInteligence
    Amazon shares sink as spending on AI overshadows growth in cloud unit

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