In its Q2 financial report, Amazon disclosed that AWS segment sales increased 12% year-over-year to $22.1 billion. AWS segment operating income was $5.4 billion, compared with operating income of $5.7 billion in second quarter 2022.
AWS now represents 17% of the company's overall sales.
“Our AWS growth stabilized as customers started shifting from cost optimization to new workload deployment, and AWS has continued to add to its meaningful leadership position in the cloud with a slew of generative AI releases that make it much easier and more cost-effective for companies to train and run models (Trainium and Inferentia chips), customize Large Language Models to build generative AI applications and agents (Bedrock), and write code much more efficiently with CodeWhisperer,” stated Andy Jassy, Amazon CEO.
