Amazon Web Services is 'evaluating options' after Microsoft wins $10 billion JEDI contract out from under its nose (AMZN, MSFT)
Microsoft was officially awarded the $10 billion JEDI cloud contract with the Pentagon on Friday — marking a big victory over Amazon, believed to be the frontrunner.
Amazon Web Services, the Seattle-based company's multibillion-dollar business, is dominant in the market. AWS is "still evaluating options" after the decision, according to a source close to the situation.
It's a big loss for AWS, which drives profit for the entire Amazon empire.
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