Jassy says AWS can reach $1T revenue after heavy AI infrastructure spending
Original title: AWS will be a $1T business, Jassy says. But first, it will spend big.
Amazon still expects about $220 billion cash capex in 2026, mostly for AWS, and more in 2027.
During Amazon’s quarterly earnings call, CEO Andy Jassy repeated that AWS can become a trillion-dollar annual revenue business within five to 10 years. He said 2026 cash capital expenditure is still expected at about $220 billion, mostly for AWS, with meaningfully more spending in 2027. AWS revenue rose 39 percent year over year, and he forecast growth above 40 percent in 2027 and 2028. Shares fell about 6 percent after hours as analysts pressed on spending and margins.
Unconfirmed: The trillion-dollar outcome and 2027–2028 growth rates are Jassy’s forecasts, not reported results.
- AWS is a $184 billion annualized revenue run-rate business.
- Revenue rose 39 percent from the year-ago quarter, a sixth straight quarter of growth.
- Jassy forecast AWS growth north of 40 percent in each of 2027 and 2028.
- Amazon shares fell about 6 percent in Thursday after-market trading.
From the original article
2 min read at techcrunch.com
Amazon wants to be the king of AI cloud computing and become the first $1 trillion revenue business. But to do that it will have to continue on its capex spending spree, its CEO said Thursday.
By Lucas Ropek · techcrunch.com
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