AWS keeps pace with Microsoft, Google in cloud sector war of attrition
Briefly

from Cloud Pro2 weeks ago
AWS outpaced expectations with a 17% year-over-year increase, exceeding $25 billion in sales, showing strong performance in cloud and AI offerings.
Cloud Prohttps://www.itpro.com/cloud/cloud-computing/aws-keeps-pace-with-microsoft-google-in-cloud-sector-war-of-attrition
Microsoft and Google experienced revenue boosts driven by generative AI, putting pressure on AWS to demonstrate its capability, which it successfully did in the earnings call.
Cloud Prohttps://www.itpro.com/cloud/cloud-computing/aws-keeps-pace-with-microsoft-google-in-cloud-sector-war-of-attrition
Amazon CEO Andy Jassy emphasized the appeal of AWS's AI capabilities, expecting a significant revenue run rate of $100 billion annually and showcasing a positive revenue growth trend for the future.
Cloud Prohttps://www.itpro.com/cloud/cloud-computing/aws-keeps-pace-with-microsoft-google-in-cloud-sector-war-of-attrition
Read at Cloud Pro
#aws #cloud-market #ai-offerings #revenue-growth #competitive-landscape
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