Amazon CEO boasts that AWS’ $100B run rate surpasses all other cloud providers

Amazon CEO boasts that AWS’ 0B run rate surpasses all other cloud providers

Amazon Web Services (AWS) has achieved substantial growth, with CEO Andy Jassy reporting a 13% increase in fiscal 2023 revenue over the previous year, reaching an annualized revenue rate of $100 billion. Jassy highlighted the company’s success in outperforming competitors in the cloud market by adding $1.1 billion in incremental revenue in the fourth quarter … Read more