By Khac Phu Nguyen
Publication Date: 2025-12-01 11:25:00
This article first appeared on GuruFocus.
Amazon (NASDAQ:AMZN) and Google (GOOGL) just pulled off a rare move in the cloud arena, introducing a jointly built multicloud networking service that could reshape how enterprises move data across platforms. The timing is striking: customers will now be able to establish private, high-speed links in minutes, a shift that lands barely a month after an October 20 AWS outage disrupted thousands of websites and hit major apps like Snapchat and Reddit. Analytics firm Parametrix estimated that U.S. companies could face between $500 million and $650 million in losses from that single event, a reminder of how costly even brief interruptions have become.
The two companies paired AWS’ Interconnectmulticloud with Google Cloud’s Cross-Cloud Interconnect, a setup that could make cross-platform transfers less of a bottleneck as workloads spread out. Executives on both sides framed it as a meaningful step toward smoother…