Amazon sales surge as it bets big on AI

Amazon saw a sales uplift during its fourth quarter results, despite shares in the business dropping.
The ecommerce giant saw sales rise 10% to £150.9bn for its fourth quarter ended 31 December. International sales were up 8% to £34.8bn, while US revenues increased 10% to £92.75bn for the period.
Sales in its cloud computing arm Amazon Web Services jumped 19% to £23.11bn.
The retailer said it expected sales for Q1 2025 to be between £121.15bn and £124.76bn, no