Categories: Tech & Auto

Amazon sinks as AI spending eclipses fastest cloud growth in five years

By Deborah Mary Sophia and Greg Bensinger Oct 29 (Reuters) – Amazon.com on Thursday reported a massive cash burn in the third quarter, sending shares sharply lower, while it signaled higher capital

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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