Selipsky departure comes at a high point for AWS. The cloud services unit is rapidly expanding and has reached a significant milestone of generating a $100 billion run rate. Amazon's broader AI strategy runs through AWS, the industry's top cloud service by market share. During the company's most recent earnings report, executives said cloud customers are increasingly signing up for bigger deals with longer commitments, many with generative AI components.
LAS VEGAS, NEVADA - NOVEMBER 28: Amazon Web Services CEO Adam Selipsky delivers a keynote address during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on November 28, 2023 in Las Vegas, Nevada. "I’d like to thank Adam for everything he’s done to lead AWS over the past three years.
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