Amazon Web Services (AWS) CEO Matt Garman announces at AWS re:Invent that cloud revenue surged by 20% in Q3, totaling $33 billion, surpassing analysts’ predictions. Despite facing fierce competition from Google and Microsoft, Amazon remains the leading cloud infrastructure provider. The company opens an $11 billion AI data center to enhance cloud services and counter rivals’ AI deals.

Read more at CNBC: AWS Q3 2025 earnings report Amazon cloud