Reuters Says Amazon CEO Doubled Prior AWS Sales Projection to $600 Billion by 2036

The report indicates Amazon’s chief executive has raised the long-term revenue outlook for Amazon Web Services, the company’s cloud computing business.

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Terms & Concepts
  • Cloud computing: Delivery of computing services such as storage, processing, and software over the internet instead of local hardware.
  • AWS: Amazon Web Services, Amazon’s cloud infrastructure division that provides on-demand computing and data services to businesses.