Amazon Web Services (AWS) reported a revenue of $29.3 billion in Q1 2025, marking a 17% year-over-year increase.
Andy Jassy, Amazon's CEO, expressed optimism about AWS potentially achieving even higher revenue.
Google Cloud saw a 28% year-over-year growth in Q1 2025, reaching $12.3 billion, while Microsoft's Intelligent Cloud segment revenue increased by 21% to $26.8 billion.
In Q1 2025, AWS expanded its AI portfolio with new releases under the Amazon Nova family and added third-party foundation models to Bedrock.