Cloud Giants Update: AWS ( $Amazon.com(AMZN)$ ): $110B run rate growing 19% YoY (last Q grew 19%)Azure ( $Microsoft(MSFT)$ ): ~$66B run rate (estimate) growing 34% YoY (last Q grew 33% cc) $Alphabet(GOOG)$$Alphabet(GOOGL)$ Google Cloud (includes GSuite): $45B run rate growing 35% YoY (last Q grew 29%, neither are cc)ImageAggregate quarterly net new ARR by the hyperscalers Image $Amazon.com(AMZN)$ AWS at a $110B run rate growing 19% Quarterly YoY growth trends below.ImageQuarterly net new ARR addedImagePretty incredible commentary from Microsoft yesterday:"we're excited that on
Azure at a ~$66B run rate growing 34% constant currency (33% overall)They recently restated Azure, so some of the historical comparisons won't be apples to apples. PowerBI and EMS are no longer included in Azure which represented ~$20B of run rate last QQuarterly YoY growth trends below $Microsoft(MSFT)$ ImageNot exact figures, but rough estimates on Azure AI Services quarterly run rate below (12pts of growth this Q). They only disclose the % of growth to a full round number (no decimal point), so definitely not exactImageBelow is an estimate of net new ARR added over the last few quarters.ImageYoY growth trends in net new ARR per quarterImage
Palantir isn’t just a company - it’s a founder factory
$Palantir Technologies Inc.(PLTR)$ isn’t just a company - it’s a founder factory. Palantir has produced a remarkable number of founders and technology leaders: from founding startups like Anduril (Brian Schimpf, Trae Stephens, and Matt Grimm) and Affirm (Max Levchin and Nathan Gettings) to leading consequential organizations such as OpenAI (Bob McGrew - Chief Research Officer) and Fox (Melody Hildebrandt - CTO).CobiBGantz and I dig into Palantir's unique culture and unpack the key ingredients that make it so:1. Uncompromising Talent Bar2. Mission Orientation3. Forward Deployed Engineering: Deliver Outcomes, Not Software4. Seek Truth: Solve Real Problems, Not Shiny Ones5. Define a Shared Enemy: United The Team6. Flat Structure: Direct Access To Lea