Cloud Giants Update:
AWS ( $Amazon.com(AMZN)$ ): $115B run rate growing 19% YoY (last Q grew 19%)
Azure ( $Microsoft(MSFT)$ ): ~$74B run rate (estimate) growing 31% YoY (last Q grew 34% cc)
Google Cloud ( $Alphabet(GOOG)$ $Alphabet(GOOGL)$ includes GSuite): $48B run rate growing 30% YoY (last Q grew 35%, neither are cc)
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Aggregate quarterly net new ARR by the hyperscalers
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Azure at a ~$74B run rate growing 31% constant currency
Last Q they restated Azure, so some of the historical comparisons won't be apples to apples. PowerBI and EMS are no longer included in Azure (~$20b of run rate)
Quarterly YoY growth trends below MSFT
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