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Does Jeff Bezos Have a Reason to Fear Google’s Next $20 Billion Idea?

August 16, 2023
in Trade Tube
Reading Time: 1 min read
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Amazon CEO Jeff Bezos may need to be on high alert when it comes to Google — its next $20 billion business idea, Google Computer Engine is aimed directly at Amazon. Google wants to compete against Amazon Web Services for control of the infrastructure-as-a-service market. There are a handful of players already in the game, like Microsoft and Amazon. A Bernstein Research analyst projects that Amazons and Google’s cloud business could very well exceed $40 billion in revenues by the end of the decade.

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