We are very pleased with the fact that the FDI rules have changed, and that we now have the option. We’re looking to spend greater time understanding the market and opportunity. The team has confidence in their ability to double the VNB (value of new business) from 2019 levels by the end of the next financial year.
Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%
Amazon Web Services (AWS) surpassed Wall Street’s cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI