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Jeff Bezos praises Amazon’s cloud in letter to shareholders

April 6, 2016

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In a letter to shareholders, Amazon.com founder, CEO and Chairman of the board sounds like a proud father talking about the success of the moonshot project that launched the company into being a powerhouse of the cloud computing market.

Amazon Web Services is on pace to earn $10 billion in revenue this year, he notes. “AWS is bigger than Amazon.com was at 10 years old, growing at a faster rate,” he adds.

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