Amazon CEO boasts that AWS’ $100B 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