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Cloud Strategy in the AI Era with Matt Garman, CEO of AWS
No Priors: Artificial Intelligence | Technology | Startups
Embrace Startups, Achieve Scale
Fostering partnerships with startups can lead to substantial growth, as evidenced by a strategic focus on securing major clients like JPMC, the US government, and Pfizer. The foresight to recognize the potential of AWS turned a budding segment into a billion-dollar business, ultimately achieving a remarkable run rate of a hundred billion. Despite the impressive growth, approximately 85% of workloads remain on traditional infrastructure. This suggests that significant opportunity still exists, with possibilities for tenfold growth simply by transitioning existing workloads, in addition to new generation AI workloads being created. The landscape is ripe for continued expansion.
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