Cloud Giants Update: AMZN, MSFT & GOOG
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): $45B run rate growing 35% YoY (last Q grew 29%, neither are cc)
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Aggregate quarterly net new ARR by the hyperscalers
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$Amazon.com(AMZN)$ AWS at a $110B run rate growing 19% Quarterly YoY growth trends below.
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Quarterly net new ARR added
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Pretty incredible commentary from Microsoft yesterday:
"we're excited that only 2.5 years in, our AI business is on track to surpass $10 billion of annual revenue run rate in Q2."
from 0 to $10B in just 2.5 years!! Incredible
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