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Amazon CEO: AI to Drive AWS Revenue Over the Next Decade to Double to $600 Billion

2026-03-18 02:43:25

Gate News, March 18 — Amazon CEO Andy Jassy announced during an all-hands meeting that he previously predicted AWS would reach $300 billion in annual revenue in ten years. With the development of AI, he now believes this figure could at least double, reaching over $600 billion before 2036. AWS's total revenue for 2025 was $128.7 billion. Addressing Wall Street's concerns about Amazon's $200 billion capital expenditure plan for this year, Jassy responded, "We are not spending this money because we expect AI to have a major breakthrough." He stated that the company has "very clear and significant demand signals." He explained that the faster AWS grows, the higher the short-term capital expenditure, as land, electricity, buildings, chips, servers, and network equipment all need to be planned two years in advance.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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GateUser-2771789d

· 03-18 02:54

Wishing you great wealth in the Year of the Horse 🐴

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GateUser-2771789d

· 03-18 02:53

Wishing you great wealth in the Year of the Horse 🐴

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GateUser-2771789d

· 03-18 02:51

Good luck and prosperity 🧧

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GateUser-2771789d

· 03-18 02:51

Good luck and prosperity 🧧

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GateUser-2771789d

· 03-18 02:51

Happy New Year 🧨

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GateUser-2771789d

· 03-18 02:51

Happy New Year 🧨

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GateUser-2771789d

· 03-18 02:51

Happy New Year 🧨

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GateUser-2771789d

· 03-18 02:51

Happy New Year 🧨

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GateUser-2771789d

· 03-18 02:47

Wishing you great wealth in the Year of the Horse 🐴

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