Matt Garman becomes CEO as AWS faces pivotal moment.
AWS, under the leadership of Adam Selipsky, has seen a slowdown in growth amidst the maturing cloud infrastructure market and the rise of generative AI. With Selipsky stepping down, Matt Garman, an AWS veteran, takes over as CEO. However, AWS faces challenges, including competition in generative AI from Microsoft and Google. Garman must navigate these market dynamics while deciding whether AWS should focus on its infrastructure strengths or directly compete in AI services. Analysts suggest that AWS could focus on building data infrastructure, aligning with the release of Amazon Bedrock, to capitalize on the next big investment in data workloads.
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