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Amazon CEO Andy Jassy says AI will double AWS sales to $600 billion by 2036
Tuesday, March 17, 2026 at 11:36 PM
Amazon CEO Andy Jassy projected during an internal meeting that artificial intelligence demand will drive AWS annual revenue to $600 billion by 2036, representing a significant doubling of current long-term growth trajectories for their cloud and AI infrastructure business.
Context
At a recent internal all-hands meeting, Amazon CEO Andy Jassy projected that artificial intelligence could double AWS annual sales to $600 billion by 2036. This aggressive outlook updates his previous long-term estimate of $300 billion, as he cited "clear and significant demand signals" for AI infrastructure. Jassy defended the company's massive capital expenditure plan, which is expected to reach $200 billion this year, stating that the investment is necessary to secure land, power, and chips years in advance of monetization.
This forecast follows a strong Q4 2025 for AWS, which saw revenue grow 24% year-over-year to $35.6 billion, reaching an annualized run rate of $142 billion. While some investors have expressed concern over the high spending levels, Amazon is positioning AWS as a neutral marketplace for AI, providing access to custom Trainium chips and models from partners like Anthropic. The company aims to double its power capacity by 2027 to sustain this growth trajectory and maintain its lead over cloud competitors.
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Amazon.com, Inc. - Amazon.com Announces Fourth Quarter Results
Amazon to invest up to $50 billion to expand AI and ...Exclusive: Amazon CEO sees AI doubling prior AWS sales projections to $600 billion by 2036 | ReutersAWS revenue continues to soar as cloud demand remains high | TechCrunchAWS Q4 earnings report 2025Exclusive-Amazon CEO sees AI doubling prior AWS sales projections to $600 billion by 2036 By ReutersAmazon's Q4 2025 Earnings and 2026 Outlook: Strong Results and a $200B CapEx PlanAWS CEO Matt Garman Drives Amazon’s Massive A.I. Infrastructure Push | Observer
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