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.