AWS is quite a story. It started as an experiment almost 20 years ago with Amazon trying to sell its excess server capacity. And people really doubted it. Why was the online bookstore trying to sell cloud services? But now, AWS is the largest cloud services provider in the world, and it’s the most profitable segment of Amazon, generating more than $22 billion in sales last quarter alone. By some estimates, AWS powers roughly one-third of the entire global internet. And on the rare occasion an AWS cluster goes down, an unfathomable number of platforms, websites, and services feel it, and so do hundreds of millions of users.Adam Selipsky was there almost from the start: he joined in 2005 and became CEO of AWS in 2019 when former AWS CEO Andy Jassy took over for Jeff Bezos as CEO of Amazon. Even with big competitors such as Microsoft and Google gaining ground, he estimates that only 10 percent of his potential customers overall have made the jump to the cloud. That leaves lots of room to grow, and I wanted to know where he thinks that growth can come from — and importantly, what will keep AWS competitive as the word “cloud” starts to mean everything and nothing.AWS is going big on AI, but it has some challenges. Adam and I got into all of it and into the weeds of what it means to be an AI provider at scale. It’s uncharted territory.Links:Big Three Dominate the Global Cloud MarketAmazon’s server outage broke fast food apps like McDonald’s and Taco BellAmazon names former exec Adam Selipsky as the new head of AWSAWS is ready to power AI agents that can handle busywork instead of just chattingNvidia reveals H100 GPU for AI and teases ‘world’s fastest AI supercomputer’Amazon plans to rework Alexa in the age of ChatGPTSarah Silverman is suing OpenAI and Meta for copyright infringementTranscript: https://www.theverge.com/23824200/ai-cloud-amazon-aws-adam-selipsky Learn more about your ad choices. Visit podcastchoices.com/adchoices

Adam Selipsky, CEO of AWS, discusses the future of AWS, fostering innovation, customer obsession, the 'two pizza rule', unique meeting culture, migration to the cloud, managing fluctuations in demand, Amazon's commitment to sustainability, dependence on chip manufacturers, quantum computing, Project Kuiper's satellite network, and Amazon's long-term planning approach.

Amazon wants to get bigger, but with that scale comes great responsibility. So says Adam Selipsky, CEO of Amazon Web Services, the most profitable and fastest growing part of the tech giant. Selipsky, who also oversees Amazon’s climate change efforts, points to two additions to the company’s vaunted “Leadership Principles” as evidence of Amazon’s commitment. Arguing that AWS is still in early days, he shares what he’s hearing from other CEOs about their biggest concerns, why “carbon intensity” is the best measure of climate progress for businesses, and what Amazon's aspiration to be “Earth’s best employer” really means. Read a transcript of this interview at: mastersofscale.comSubscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Alibaba Founder Jack Ma urges employees to correct the company's course. AWS CEO Adam Selipsky discusses the company's new chips. Apple offers Goldman Sachs an exit ramp for its troubled card partnership.

Adam Selipsky, CEO of Amazon’s AWS, compares generative AI hype to the dotcom bubble. They discuss the challenges of deploying generative AI, algorithmic bias, and copyright disputes. They also touch on competition in the cloud business, investments in AI companies, and regulatory challenges in generative AI.