Awscloud Grew YoY Q3
Garman is effectively declaring that the AI boom has moved from capex headlines into actual cloud revenue — and the numbers back him up. The telling nuance is that core compute and storage accelerated too, so this isn't purely an AI story; broad workloads are reaccelerating alongside training and inference demand.… more
His 'AI next to data' framing is a pointed jab at GPU neoclouds: data gravity remains the incumbents' moat, and AWS is leaning on it hard. Worth remembering AWS had been the slowest-growing hyperscaler for years, so this reacceleration narrows the gap with Azure and Google Cloud. If the trend holds, expect an even more aggressive capacity buildout — and sharper debate over whether this demand is durable or a bubble inflating the entire stack.
@awscloud grew 39.3% YoY in Q3, our fastest growth in nearly five years. Customers want their AI running securely next to their data, where more of it runs on AWS than anywhere else. Our Core compute and storage businesses both grew at their fastest rates in several years. https://t.co/kidt6Hwb3H
Source:
X — Matt Garman
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