After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. (Screenshot via webcast)

Kicking off the annual Amazon Web Services re:Invent conference this week, AWS CEO Andy Jassy pointed to a major milestone for the tech giant’s cloud division: AWS has officially surpassed $40 billion in annual revenue, and not at a leisurely pace. AWS added an incremental $10 billion in revenue in 12 months, faster than ever.

Jassy showed stats that put AWS’s share of the cloud infrastructure market at 45%, more than double its closest competitor, Microsoft Azure. But he sought to assure the virtual audience that AWS is not even close to its zenith, citing the 96% of the estimated $3.6 trillion in global IT spending that has yet to shift to the cloud.

“It means that there’s a lot of growth ahead of us,” he

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The Week

Biden says if Trump administration doesn’t coordinate with his transition team, ‘more people may die’

President-elect Joe Biden is calling for access to the Trump administration’s COVID-19 vaccine distribution plan, saying “more people may die” if there’s no coordination with his transition team.During an address on Monday, Biden celebrated the “great news” that COVID-19 vaccines from Moderna and Pfizer appear to be more than 90 percent effective, but said “the sooner we have access to the administration’s distribution plan, the sooner this transition would smoothly move forward.” As President Trump continues to refuse to concede the 2020 presidential election, Biden’s transition team “does not have access to the administration’s COVID-19 data and vaccine distribution plans,” CNN reports.Asked what is the biggest threat of Trump obstructing a smooth transfer of power, Biden said, “More people may die if we don’t coordinate.” It’s crucial for his transition team to know

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