We recently compiled a list of the 12 Best Cloud Computing Stocks to Buy According to Analysts. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other cloud computing stocks.

Amazon (NASDAQ: AMZN) has been a winning investment over time. There's a clear reason for this top performance: Amazon has built leadership in the two high-growth businesses of e-commerce and cloud computing,

Amazon.com, Inc. (NASDAQ:AMZN), the global e-commerce and cloud computing giant with a market capitalization of $2.32 trillion, continues to dominate its core markets while expanding into new territories.

One of the areas that has most benefited from the advent of artificial intelligence (AI) has been cloud computing. As organizations look to customize AI models and applications to fit their needs, they have been increasingly turning to these companies to help them.

Cloud computing enables companies to store their infrastructures remotely using the Internet, ultimately reducing costs and creating value.

Amazon (NASDAQ: AMZN) has certainly made early investors rich. An investor that put just $451 in the business back at the initial public offering would see that balance worth $1 million right now. This is a much better gain than what the Nasdaq Composite Index produced.

The investment aims to meet the increased demand for advanced cloud infrastructure and compute power, driven by generative AI, it said.

Microsoft Azure offers a suite of cloud computing services with a competitive pay-as-you-go pricing model. Some services can even be used for free.