AWS Outage Exposes Cracks in Amazon's Cloud Lead

Core Insights - Amazon is no longer the sole leader in cloud computing, facing credible competition from Oracle and Google, in addition to Microsoft [1] - Amazon's market share in traditional cloud computing has decreased to approximately 38%, down from nearly 50% five or six years ago [2] - The emergence of competitors offering similar services has commoditized some of Amazon's pioneering offerings [2] Competitive Landscape - Companies like Microsoft, Google Cloud Platform (GCP), and Oracle are making significant inroads into Amazon's market share [2] - The partnership with Anthropic, a key AI customer, highlights the competitive dynamics, as Anthropic is co-developing AI technology with Amazon [3] - The potential for Anthropic to shift towards Google due to better technology results poses a risk to Amazon's business [4]