Amazon, which was founded in 1995, started as a bookstore. Thursday evening, the company announced with its annual report that revenue was at 716.9 billion dollars in 2025. (Archive photo). Photo: Dado Ruvic/Reuters
Amazon to invest over a trillion in AI by 2026
Last year, e-commerce giant Amazon generated a staggering $716.9 billion in revenue, marking a 12% increase from the previous year. After-tax profits grew to $77.7 billion, over a 30% rise compared to 2024. Amazon Web Services (AWS), a subsidiary providing IT solutions, significantly contributed...
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