AWS Q4 revenue growth 13% as Amazon's results shine
Amazon Web Services' fourth quarter revenue was $24.2 billion, up 13% from a year ago, and below the 30% and 26% growth rates put up by Microsoft Azure and Google Cloud, respectively.
Amazon Web Services' fourth quarter revenue was $24.2 billion, up 13% from a year ago, and below the 30% and 26% growth rates put up by Microsoft Azure and Google Cloud, respectively.
Amazon Web Services made the case at re:Invent that it should be your complete AI stack with Amazon Q, a horizontal generative AI tool that will be embedded throughout AWS and backed up with Amazon Bedrock and infrastructure for model training and inference powered by Trainium and Inferentia processors.
Amazon said the AWS business continues to stabilize. AWS remains Amazon's lead cash cow.