Amazon’s AWS returned to its highest growth rate in nearly three years, posting 20.2% YoY growth on a $132 billion annualized run rate.

Microsoft delivered a blockbuster Q1 FY26 with Azure growing 40% and total commercial RPO exploding to $392 billion—up 51% year-over-year—while revealing capacity constraints will persist through at least June 2026.

Cloud commits just crossed $500B— AWS hit a record $200B alone. Milestones matter, but only if your sellers can turn commits into won deals on Marketplace.

Alliance leaders who don't understand customer commitments/RPO are leaving millions on the table.

Microsoft shocked Wall Street last week with Azure's 39% growth pushing the company briefly over $4 trillion in market cap.

AWS reached a $123B annual revenue run rate this quarter—yet CEO Andy Jassy stressed it's "still early." With customer cloud commitments reaching $195B (up 25% YoY) and more demand than supply, the growth momentum is strong.

Future cloud committed spending hit $469B across hyperscalers—more than the combined market value of Shopify, ServiceNow, and CrowdStrike.

With AI at the forefront, Google Cloud is re-accelerating—delivering 32% growth in Q2.

Customer cloud commits now reach $439B, exceeding the combined market cap of Salesforce and Adobe.