{"id":390808,"date":"2026-03-18T04:14:10","date_gmt":"2026-03-18T04:14:10","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/390808\/"},"modified":"2026-03-18T04:14:10","modified_gmt":"2026-03-18T04:14:10","slug":"amazon-ceo-predicts-ai-will-push-aws-to-600-billion-a-year","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/390808\/","title":{"rendered":"Amazon CEO Predicts AI Will Push AWS to $600 Billion a Year"},"content":{"rendered":"

Amazon<\/a> CEO Andy Jassy<\/a> said Tuesday (March 17) that the growth of artificial intelligence could drive the sales of the company\u2019s cloud computing unit Amazon Web Services (AWS<\/a>) to a level double that he previously expected, Reuters reported<\/a> Tuesday.<\/p>\n

Speaking at an internal all-hands meeting, Jassy said that for years he expected that AWS could be an annual revenue, run rate business of $300 billion in 10 years, but that now he thinks that because of AI, it \u201chas a chance to be at least double that,\u201d according to the report, which said that Reuters\u2019 review of his comments was confirmed by an Amazon spokesperson.<\/p>\n

AWS\u2019 sales grew 19% year over year in 2025 to reach $128.7 billion, according to the report. An average growth rate of nearly 17% per year over the next decade would lift the business\u2019s sales to the level predicted by Jassy, per the report.<\/p>\n

\"Preferred<\/p>\n

We\u2019d love to be your preferred source for news<\/a>.<\/p>\n

Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!<\/p>\n

Jassy said during the meeting that AI \u201cgives you this very unusual opportunity to build this very large business, and we have very clear and significant demand signals,\u201d according to the report.<\/p>\n

It was reported in February that Amazon is undertaking its largest-ever capital spending program, set to reach $200 billion this year, as part of a strategic reset due to fears that AWS is losing out to rivals in landing corporate AI contracts<\/a>.<\/p>\n

That report came out a little more than a week after Jassy announced the company capital expenditure would come to $200 billion in 2026, \u201cpredominantly in AWS,\u201d to add capacity for AI and core cloud workloads<\/a>.<\/p>\n

Advertisement: Scroll to Continue<\/p>\n

\u201cAs fast as we install this capacity, this AI capacity, we are monetizing it,\u201d Jassy said during a Feb. 5 earnings call. \u201cSo it\u2019s just a very unusual opportunity. I passionately believe that every customer experience that we know of today is going to be reinvented with AI \u2026 [and] if you really want to use AI in an expansive way, you need your data in the cloud and you need your application in the cloud.\u201d<\/p>\n

In January, AWS launched an independent cloud<\/a> located in the European Union and designed to help customers meet the EU\u2019s sovereignty requirements. The AWS European Sovereign Cloud<\/a> is physically and logically separate from other AWS regions and is designed to meet the needs of European governments and enterprises for sensitive data.<\/p>\n","protected":false},"excerpt":{"rendered":"Amazon CEO Andy Jassy said Tuesday (March 17) that the growth of artificial intelligence could drive the sales…\n","protected":false},"author":2,"featured_media":390809,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[291,9499,74649,289,290,1346,18,19,17,5,1351,82,2350],"class_list":{"0":"post-390808","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-infrastructure","10":"tag-andy-jassy","11":"tag-artificial-intelligence","12":"tag-artificialintelligence","13":"tag-cloud-computing","14":"tag-eire","15":"tag-ie","16":"tag-ireland","17":"tag-news","18":"tag-pymnts-news","19":"tag-technology","20":"tag-whats-hot"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116248239347431769","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/390808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=390808"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/390808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/390809"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=390808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=390808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=390808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}