Losing Its Silver Lining For over a decade, Amazon Web Services (AWS) has reigned supreme as the titan of cloud computing, ...

Collectively, AWS, Microsoft Azure and Google Cloud earned 58% of the industry's revenues. For the full year, cloud spending was up 33% to $142 billion from $107 billion in 2019.

AWS is a division of Amazon that offers a wide range of cloud computing services. Amazon Web Services' pay-as-you-go model makes it a popular choice.

Amazon said on April 3, 2024, it's cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift.

Cloud providers AWS, Microsoft and Google are building custom silicon chips for AI computing that will give customers in APAC more flexibility and choice.