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Amazon Web Services

Amazon Web Services (AWS) is the cloud computing business of Amazon. Launched in July 2002, it made its public debut with the Amazon S3 storage service on March 14, 2006, and has since added hundreds of services, including Amazon EC2; its segment net sales were about $46.0 billion in the third quarter of 2026.

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Key facts

Launch of Amazon Web Services

Amazon launched Amazon Web Services in July 2002; by March 2006 more than 150,000 developers had signed up.⁠[1]

Launch of Amazon S3

On March 14, 2006, Amazon Web Services announced Amazon S3, a storage service for software developers; Amazon regards that day as AWS’s public launch, with a single service. Developers could write, read and delete objects from 1 byte to 5 GB each, with no limit on the number of objects; each object was stored under a unique key assigned by the developer and could be public or private, through REST and SOAP interfaces, with a design target of 99.99 percent availability. Pricing was $0.15 per GB per month for storage and $0.20 per GB of data transferred, with no minimum fee.⁠[1][2]

Amazon EC2 Beta

On August 24, 2006, AWS introduced the beta of Amazon Elastic Compute Cloud (Amazon EC2), a web service providing resizable compute capacity in the cloud that lets users scale capacity up or down quickly and pay only for the capacity they use.⁠[3][4]

Amazon EC2 General Availability and Windows

On October 22, 2008, AWS announced that Amazon EC2 had exited its beta period and was generally available, with a service level agreement of 99.95 percent availability within a Region over a trailing 365-day period and service credits if it was not met; it also launched a public beta of EC2 running Microsoft Windows Server and Microsoft SQL Server, with Windows Server pricing starting at $0.125 per compute hour.⁠[4]

Matt Garman Succeeds as AWS Chief Executive

Andy Jassy was AWS’s first chief executive and was succeeded by Adam Selipsky. In 2024 Amazon announced Matt GarmanMatt GarmanMatt Garman is the chief executive of Amazon Web Services (AWS), Amazon’s cloud computing unit, a role he took in June 2024; he joined the AWS team as an intern in 2005.Open the full entry as Selipsky’s successor and AWS’s third chief executive; at the time AWS had an annual revenue run rate of $100 billion.⁠[5]

Garman interned at AWS in the summer of 2005 and joined full-time in 2006, when the worldwide sales team had three people. He was AWS’s first product manager, built and led Amazon Elastic Block Store (EBS), his first service, and later led hypervisor, storage and sales teams. He earned undergraduate and graduate degrees in industrial engineering at Stanford UniversityStanford UniversityStanford University is a research university in California founded by Leland and Jane Stanford in 1885 and opened in 1891.Open the full entry and was finishing an MBA at Northwestern University when he took the internship.⁠[5]

Third-Quarter Results

On October 29, 2026, Amazon announced its third-quarter results: AWS segment net sales were $45,984 million, up 39 percent from $33,006 million a year earlier, and operating income was $17,773 million, compared with $11,434 million a year earlier. Andy Jassy, Amazon’s president and chief executive officer, said AWS’s investment in functionality and infrastructure was working.⁠[6]

As of November 2026: Matt Garman as Chief Executive

As of November 2026, Amazon’s website identifies Matt Garman as AWS CEO and says AWS offers more than 240 services. The AWS global infrastructure page lists 124 Availability Zones within 39 geographic Regions, with two more Regions, in Saudi Arabia and Chile, and seven more Availability Zones announced.⁠[2][7]

Related Organizations, Websites, and Public Accounts

Amazon Web Services: Official website: https://aws.amazon.com/ (opens in a new window).⁠[7]

Sources

  1. Amazon Web Services Launches (opens in a new window)
  2. How three startups helped Amazon invent cloud computing and paved the way for AI (opens in a new window)
  3. Announcing Amazon Elastic Compute Cloud (Amazon EC2) - beta (opens in a new window)
  4. Amazon Web Services Launches Amazon EC2 for Windows (opens in a new window)
  5. 10 things you need to know about AWS CEO Matt Garman (opens in a new window)
  6. Amazon.com Announces Third Quarter Results (opens in a new window)
  7. Global Infrastructure Regions & AZs (opens in a new window)