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By Adam ClarkAmazon.com doesn't want new restrictions on building artificial-intelligence infrastructure. It also appears the company would prefer to keep some of the resulting AI spending off its balance sheet.Amazon has had discussions with investors over a potential deal to spin off about $8 bil…
Braze reported fiscal second-quarter revenue of $227 million, up 26% year over year, and said non-GAAP operating margin improved by more than 600 basis points. It raised third-quarter and full-year revenue guidance.
Amazon (NASDAQ: AMZN ) shares fell 4.08% on Monday, sliding from a previous close of $244.39. If you have been watching this stock for the past few weeks, the move probably did not shock you. It is just the newest chapter in a slide that started back in May. Here is the strange part. Amazon’s cloud business just posted