Amazon on Wednesday marked the 30th anniversary of its July 16, 1995 debut, when Jeff Bezos began shipping books from a Seattle garage and promised buyers access to "one million titles." Three decades later the company has a market value of roughly $2.37 trillion—making it the world’s fourth-largest listed firm—and employs about 1.5 million people. The business now spans e-commerce, groceries, streaming and devices after successive moves that include the $13.7 billion purchase of Whole Foods in 2017. Its most profitable arm is Amazon Web Services, created in 2006 and now responsible for the bulk of operating income. AWS generated $29.3 billion in revenue in the latest quarter, up 17% from a year earlier, and still holds about 30% of the global cloud-infrastructure market despite intensifying competition from Microsoft and Google. Founder Bezos handed the chief-executive role to long-time lieutenant Andy Jassy in 2021. Under Jassy, Amazon is betting heavily on artificial intelligence, earmarking about $100 billion for “Project Rainier” data centers and taking a strategic stake in AI start-up Anthropic. Management says the push will keep the company in what Bezos once called a permanent "Day One" mindset as it enters its fourth decade.