Amazon CEO Predicts AI Will Push AWS to $600 Billion a Year

Group 1 - Amazon CEO Andy Jassy indicated that the growth of artificial intelligence could potentially double the expected annual revenue run rate of Amazon Web Services (AWS) from $300 billion to at least $600 billion in the next decade [2][3] - AWS sales grew 19% year over year in 2025, reaching $128.7 billion, with an average growth rate of nearly 17% per year projected to sustain this trajectory [3] - Jassy emphasized that AI presents a unique opportunity to build a large business, supported by clear demand signals from customers [7] Group 2 - Amazon is undertaking its largest-ever capital spending program, projected to reach $200 billion in 2026, primarily focused on AWS to enhance capacity for AI and core cloud workloads [7][8] - The company is actively monetizing AI capacity as it is installed, indicating a strong belief in the transformative potential of AI for customer experiences [9] - AWS launched an independent cloud in the European Union to meet sovereignty requirements, catering to the needs of European governments and enterprises for sensitive data [10]