It's a clear sign that more businesses are adopting cloud solutions not just for storage but That's Not My Neighbor also for more complex services like AI, analytics, and enterprise applications.
The American company reported its first quarter (Q1) financial results, showcasing a 16% year-over-year increase in revenues that surged to $65.6 billion. The most notable growth came from the cloud division, which increased its revenues by 22% compared to Q1 2023.