Amazon's Cloud Growth Slows But Bets on AI With New Tools and Startup Investment
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AWS cloud business seeing slower growth recently due to economic challenges causing customers to optimize costs
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AWS investing heavily in generative AI with new offerings like coding assistant Q
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Amazon invested in AI startup Anthropic; sees "no proxy war" with Google
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Amazon taking responsible AI seriously with transparency, multilateral collaboration
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Rapid evolution coming in AI; adaptability and flexibility key for companies to harness benefits