What are the primary differences between CloudFront and Cloudflare R2?

CloudFront and Cloudflare R2 are both content delivery networks (CDNs), but they serve different primary purposes. CloudFront focuses on edge caching and content delivery for improved performance and reduced latency globally. Cloudflare R2 is an object storage service, focusing on high-performance, low-cost storage for static assets and data. While both can be used to serve content, their strengths lie in different areas: CloudFront is better for delivering frequently accessed content with low latency, while R2 is better for storing large datasets and serving static assets with cost-effectiveness.