AWS will be a $1T business, Jassy says — but first, it will spend big

First reported by TechCrunch at 7:42 PM ET · Updated 9:08 PM · 2 sources

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.

Covered by 2 publishers within 1 hour of the first report.

Summary from TechCrunch.

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TechCrunch AWS will be a $1T business, Jassy says — but first, it will spend big · Lucas Ropek 7:42 PM

GeekWire Andy Jassy’s prediction: Amazon could have two $1 trillion businesses within a decade · Todd Bishop 9:08 PM

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Topics Amazon

AWS will be a $1T business, Jassy says — but first, it will spend big

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