Amazon's AI Story Is a 'Game Changer,' Says Mizuho

Amazon's latest earnings may have changed the AI narrative around the company. Mizuho's Jordan Klein joins Bloomberg to explain why accelerating AWS growth, rising demand for Amazon's custom AI chips and improving AI monetization across the business have strengthened the…

On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.

Amazon exceeded second-quarter expectations as strong AWS growth, expanding AI businesses and rising cloud demand boosted profits, reinforcing investor confidence that aggressive AI investments are driving long-term growth and profitability.