Jeff Bezos has strengthened his position among the world’s richest people as Amazon’s soaring valuation has boosted his fortune. The e-commerce giant crossed the $3 trillion market capitalization mark on August 2 after reporting stronger-than-expected second-quarter earnings, while the company’s artificial intelligence-driven cloud business further strengthened investor confidence. Jeff Bezos has strengthened his position among the world’s richest people as Amazon’s soaring valuation has boosted his fortune. The e-commerce giant crossed the $3 trillion market capitalization mark on August 2 after reporting stronger-than-expected second-quarter earnings, while the company’s artificial intelligence-driven cloud business further strengthened investor confidence.
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