Amazon Web Services (AWS) is reaccelerating with a backlog of over $200 billion and a custom silicon strategy gaining traction. The company has built a full-stack AI ecosystem with platform services like SageMaker and Bedrock, along with new agentic AI tools. The recent $38 billion deal with OpenAI has put Amazon at the forefront of the AI cloud discussion, challenging competitors like Microsoft Azure and Google Cloud. AWS exited Q3 2025 with a 29% global cloud infrastructure market share, generating $33 billion in revenue and boasting a strong operating margin of over 34%. The company’s rapid capacity expansion, custom silicon development, and focus on AI platform services position it well in the AI cloud race, potentially making it one of the biggest winners in the current AI cloud boom.

Read more at Nasdaq: Is Amazon the Real Winner of the 2025 AI Cloud Race?