AWS shifts focus to LLMs, generative AI as growth continues to taper
CIO Business Intelligence
APRIL 28, 2023
The slowdown in growth, according to top executives of the company, can be attributed to enterprises optimizing cloud spend due to uncertain macroeconomic conditions. We are seeing these optimizations continue into the second quarter with April revenue growth rates about 500 basis points lower than what we saw in Q1,” Olsavsky added.
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