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How can they lose money at the prices they charge? They already had all the expertise to run data centers and build infrastructure. I get that there's developme
by dx034 4y ago
How can they lose money at the prices they charge? They already had all the expertise to run data centers and build infrastructure. I get that there's development effort, but how can you bleed billions annually over years? Or do they discount that heavily for large customers?
- ignoramous 4y agoI believe Cloud is an investor's playground at this point, given the huge opportunity that it presents. The fact that AWS makes a profit is due to its market position, which IBM Cloud, Oracle, Azure, and GCP have been chipping away at steadily, even if slowly. For GCP and AWS, I believe missing out on GitHub was a big mistake. Though, I fully expect GCP to loosen the purse strings for similar companies in the near future, esp given Azure/Microsoft have been on a tear of late.