importantSYS.SOURCE: TechCrunch• 2026-10-29T23:42:22Z
AWS Aims for $1 Trillion Revenue Through Aggressive AI Infrastructure Investment
AWS CEO Andy Jassy outlined a vision for the cloud division to reach $1 trillion in annual revenue, driven by AI-driven demand and requiring significant capital expenditures. The strategy involves aggressive infrastructure investment to sustain 40%+ annual growth through 2028, despite investor concerns about short-term profitability.
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.
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