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Amazon Offers Q1 Shoutout To ‘Project Hail Mary’, Tops Wall Street Forecasts Amid AI Arms Race
Amazon surpassed Wall Street forecasts with revenue of $181.5 billion in the March quarter, up 17% from the year earlier, the company reported Wednesday. CEO Andy Jassy noted that Project Hail Mary‘s nearly $615 million at the box office to date among the company’s achievements for the three months.
Sales and profit numbers were a beat as was the key Amazon Web Services cloud business with $37.6 billion in revenue, up 28%.
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