Financial Performance - Amazon's net sales jumped 20% to $200.6 billion in the second quarter, beating expectations [1] - Amazon Web Services (AWS) revenue grew 36.7% year over year, marking its fastest growth in 18 quarters [1] - The artificial intelligence and in-house chips businesses each cleared $25 billion in annualized run rates [2] Market Dynamics & Business Operations - Advertising revenue grew 26% during the quarter [2] - Amazon Bedrock added models from OpenAI, Anthropic, and Google DeepMind [2] - Major cloud providers demonstrated that the trillion-dollar artificial intelligence infrastructure buildout is successfully converting into revenue [2]