AWS aims for $1T revenue, bets big on AI infra
aws plans to spend $220b on infrastructure by 2026, mostly for ai, to reach $1t revenue goal. investors remain concerned.
andy jassy believes aws can be a $1t revenue business, but first, amazon must invest heavily in infrastructure. the company expects $220b in capital expenditures by 2026, with most going to aws. jassy forecasts 40% growth in 2027 and 2028, driven by ai demand. aws revenue grew 39% in the recent quarter, but investors remain concerned about spending. jassy sees ai as a 'once in a lifetime opportunity' worth the financial commitment.