Amazon Confirms AWS Lead Amid Competition from Google Cloud and Microsoft Azure
Amazon Web Services (AWS) remains the cloud leader despite growing competition from Alphabet’s Google Cloud and Microsoft Azure. In its latest earnings report, CEO Andy Jassy defended AWS’ position, highlighting its 24% year-over-year growth rate and $21.2 billion in revenue. Amazon plans to invest $200 billion in capital expenditures this year, mostly for AWS, showcasing … Read more