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Amazon's AWS Result Is 'Remarkable,' Analyst Luria Says

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Gil Luria, D.A. Davidson's head of technology research, reacts to Amazon Web Services' revenue growth and discusses the outlook for Amazon.com Inc. on "Bloomberg The Close."

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Ask this guy directly to name one company that has inigrated Ai and made money from it...or even gained enough efficiency to even be measured.....he is the head of tech research and he couldn't do it ...just talks about llms that subsidized questions being answered

— @linkbrockman1010

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They say it's ai revenue..but never mention a company or how they are making money from it....this is streaming and open AI which is losing money subsidizing questions being answered....ask him one company who used AI and saved....the small amount of companies that even use ai saw such small efficiency it can't even be measured....

— @linkbrockman1010

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this is lame the bulk of the 'surprise' in EPS increase is due to it's increase in Anthropic investment. Zero mention of this

— @Traci.Nelson

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Wait so are they making money from AI hosting/models or selling AI chips to Open AI/Anthropic like NVidia?

"Exceeded a $25 billion annual revenue run rate for AWS’s AI business, growing triple-digit percentages year-over-year.
Exceeded a $25 billion annual revenue run rate for its chips business, growing triple-digit percentages year-over-year.
Continued gaining momentum with Trainium, with the two leading AI labs in the world, Anthropic and OpenAI, making multi-year, multi-gigawatt commitments; an increasing number of AI start-ups adopting Trainium"

— @harleybowd5403

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Gil has great vision…

He can see the future out his office window!

Go AMZN and NVDA!

😃

— @AC-jk8wq

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da davidson gil lauria nvidian bull
he saw the light 🟢⚫

— @matt.stevick

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AMZN Q2 earnings call beat as the Tech Industrial Revolution Accelerates Globally. DVLT Datavault AI surging 7 % Thurs, Partnership news with Fiserv.. Financing, Spin-off, Acquisition News recently. JOBY Evtol and HOVR New Horizon Hybrid Evtol up 9 % . LTRX Lantronix 7 % rise ..RIVN Rivian up 3 % , 1,153 Institutional Investors holding over 778 million shares..QS Batteries up 6 % .606 Institutional Investors.. RZLV AI Rezolve AI 6 % , 172 Institutional Investors, with profitability expected Q3 this quarter..SES AI up 8 %. SOUN SoundHound Voice AI 8 %..MX Magnachip Semi 5 % rise.

— @2023gainer

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