Amazon shares surged more than 11 per cent in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.Revenue at Amazon Web Services, the hub of the company's recent AI investments, rose 20 per cent in t

Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.