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Amazon.com (AMZN): Procore Signs Multi-Year SCA With AWS, Boosting Construction Industry Opportunities
ByAinvest
Friday, Aug 29, 2025 12:19 am ET1min read
Amazon.com (AMZN) has signed a multi-year strategic collaboration agreement with Procore Technologies, Inc. The agreement demonstrates a joint commitment to co-invest in go-to-market activities and product innovation targeting the global construction industry and adjacent verticals. Amazon's net sales rose 13% to $167.7 billion in Q2 2025, with AWS segment sales increasing by 17.5% YoY to $30.9 billion. The company plans to continue investing in chips, data centers, and power to pursue the huge opportunity in Gen AI.
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