Core Insights - Amazon and Alphabet have formed a partnership to develop a multicloud networking service aimed at enhancing reliable connectivity in response to increasing outages from cloud services [2][4] - The new service integrates AWS interconnect and Google Cloud's crosscloud interconnect, allowing for private high-speed connectivity and addressing outage issues [3][4] - This partnership signifies a fundamental shift in multicloud connectivity, indicating that these tech giants may no longer be viewed as strictly competitors but as collaborators [4][5] Company Developments - Salesforce is noted as an early user of the new multicloud networking service, highlighting the demand for seamless connectivity between different cloud providers [8] - The partnership is expected to expand the market potential for both companies by simplifying the operational efficiency for customers who utilize both services [9] - Amazon's AI chatbot, Rufus, experienced a significant increase in usage during Black Friday, indicating a growing adoption of AI technologies in enhancing customer shopping experiences [13][14] Market Trends - Analysts projected Amazon's e-commerce sales during Black Friday to reach between $2 billion and $3 billion, with expectations of record-breaking performance despite a generally softer retail outlook [11][12] - The technology behind multicloud services is becoming more commoditized and accessible, encouraging businesses to adopt dual cloud strategies rather than choosing a single provider [9][10]

In a joint effort to address the increasing need for reliable connectivity, Amazon.com Inc. (NASDAQ:AMZN) and Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google have launched a new multicloud networking service.Check The Stock Price Of Amazon HereFaster Multicloud Links LaunchThe new service, announced on Sunday, will enable customers to establish private, high-speed links between the two companies’ computing platforms in a matter of minutes, rather than weeks. This initiative comes at a time when even bri ...