9 monthes ago | By Business Insider
Amazon Web Services currently has the biggest market share in the cloud industry, but analysts say it could look for more ways to grow through an acquisition in markets like cybersecurity or artificial intelligence.
AWS has become even more important to Amazon's overall business, as fears of a recession swirl, analysts say: The future of the online retail industry is unclear, but cloud demand is only increasing.
Plus, the current turbulence on the stock market is pushing down public company valuations, potentially making it more appealing for AWS to make cloud acquisitions.
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