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AWS can grow over 40% yearly to $1 trillion revenue

AWS is a $184 billion annualized revenue run-rate business, and yet the opportunity remains extraordinary. With our continued pace of innovation, new core and AI functionality, enterprises wanting to run their core and AI workloads in AWS, and the amount of capacity that we’re adding each year, we believe that AWS can grow north of 40% in each 2027 and in 2028, and be a trillion-dollar revenue business in the next five to 10 years.

on Amazon's quarterly earnings call

A
Andy JassyAmazon · CEO

What the article says

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.

TechCrunch

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