All posts tagged: aws

AWS revenue continues to soar as cloud demand remains high

AWS revenue continues to soar as cloud demand remains high

Published by skeptic

Amazon Web Services ended 2025 with its strongest quarterly growth rate in more than three years. The company reported Thursday that its cloud service business recorded $35.6 billion in revenue in the fourth quarter of 2025. This figure marks a 24% year-on-year increase and the business segment’s largest growth rate in 13 quarters. Annual revenue run rate for the business segment is $142 billion, according to Amazon. The cloud service also saw an increase in its operating income from $12.5 billion in the fourth quarter compared to $10.6 billion in the same period in 2024. “It’s very different having 24% year-over-year growth on $142 billion annualized run rate than to have a higher percentage growth on a meaningfully smaller base, which is the case with our competitors,” Amazon CEO Andy Jassy said during the company’s fourth-quarter earnings call. “We continue to add more incremental revenue and capacity than others, and extend our leadership position.” That fourth-quarter growth was fueled by new agreements with Salesforce, BlackRock, Perplexity, and the U.S. Air Force, among other companies and …

Railway secures 0 million to challenge AWS with AI-native cloud infrastructure

Railway secures $100 million to challenge AWS with AI-native cloud infrastructure

Published by skeptic

Railway, a San Francisco-based cloud platform that has quietly amassed two million developers without spending a dollar on marketing, announced Thursday that it raised $100 million in a Series B funding round, as surging demand for artificial intelligence applications exposes the limitations of legacy cloud infrastructure. TQ Ventures led the round, with participation from FPV Ventures, Redpoint, and Unusual Ventures. The investment values Railway as one of the most significant infrastructure startups to emerge during the AI boom, capitalizing on developer frustration with the complexity and cost of traditional platforms like Amazon Web Services and Google Cloud. “As AI models get better at writing code, more and more people are asking the age-old question: where, and how, do I run my applications?” said Jake Cooper, Railway’s 28-year-old founder and chief executive, in an exclusive interview with VentureBeat. “The last generation of cloud primitives were slow and outdated, and now with AI moving everything faster, teams simply can’t keep up.” The funding is a dramatic acceleration for a company that has charted an unconventional path through …

AWS CEO Matt Garman Wants to Reassert Amazon’s Cloud Dominance in the AI Era

AWS CEO Matt Garman Wants to Reassert Amazon’s Cloud Dominance in the AI Era

Published by skeptic

You might think Amazon’s biggest swing in the AI race was its $8 billion investment in Anthropic. But AWS has also been building in-house foundation models, new chips, massive data centers, and agents meant to keep enterprise customers locked inside its ecosystem. The company believes these offerings will give it an edge as businesses of all shapes and sizes deploy AI in the real world. WIRED sat down with AWS CEO Matt Garman ahead of the company’s annual re:Invent conference in Las Vegas to discuss his AI vision, and how he plans to extend Amazon’s lead in the cloud market over its fast-rising competitors, Microsoft and Google. Garman is betting that AI is a service that AWS can deliver more cheaply and reliably than its rivals. Through Bedrock, Amazon’s platform for building AI apps, he says customers can access a variety of AI foundation models while keeping the familiar data controls, security layers, and reliability that AWS is known for. If that pitch holds up, it could help AWS dominate in the AI era. “Two …