Amazon announced this after the end of the New York stock market trade. Amazon continued to take advantage of growth in the cloud services.
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The net profit in the second quarter was 18.2 billion dollars, compared to $ 13.5 billion a year earlier. Turnover increased by 13 percent to $ 167.7 billion. With the Cloud branch Amazon Web Services (AWS), sales increased by 18 percent to $ 30.9 billion. AWS is the world’s largest provider of cloud services.
Amazon also saw the e-commerce sales increasing. The Seattle company expects a turnover between 174 billion and $ 179.5 billion for the current quarter.
Jos Versteeg: Jobs away from Amazon because of AI
It was recently announced that Amazon will delete jobs from the cloud services due to the increased costs for applications on artificial intelligence (AI). According to Reuters news agency, it concerns hundreds of jobs. Amazon CEO Andy Jassy said in June that he expects that the company’s workforce will shrink in the coming years because more and more tasks are being taken over by AI.