Silly take due to how these resources must be distributed. Redis corp is paying developers to work on Redis itself, so they have less money to spend on building out a cloud offering. AWS was not paying developers to work on Redis, so they have more money to spend on improving their cloud offering (of Redis).
"Impossible to compete" is hyperbolic (you can almost always compete), but from a business fundamentals perspective it is not a level playing field and odds of success in that arena are very very low. And as my sibling comment points out, this is massively compounded by the fact that (by their very nature), hyperscalers are also hosting other infra for you, whereas Redis Cloud is only going to be offering hosted Redis. So even if the DX/UX is much better for Redis Cloud, it is still an uphill battle to convince corpos and even SMEs to split up their hosting like that.
"Impossible to compete" is hyperbolic (you can almost always compete), but from a business fundamentals perspective it is not a level playing field and odds of success in that arena are very very low. And as my sibling comment points out, this is massively compounded by the fact that (by their very nature), hyperscalers are also hosting other infra for you, whereas Redis Cloud is only going to be offering hosted Redis. So even if the DX/UX is much better for Redis Cloud, it is still an uphill battle to convince corpos and even SMEs to split up their hosting like that.