Open App →
Back to News Feed
TechCrunch AI October 29, 2026 By Lucas Ropek neutral

AWS will be a $1T business, Jassy says. But first, it will spend big.

AmazonAWSAI / LLMData Center
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.
Read original article ↗

Related Articles

Amazon's cloud acceleration lifts profitability as AI spending absorbs cash

Amazon's third quarter showed its cloud expansion translating into stronger operating profitability, while the cash dema

Digitimes · October 30, 2026

Amazon projects fourth quarter sales below estimates

Singapore News · October 29, 2026