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TechCrunch — AI

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

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 — AIBy: Lucas RopekOctober 29, 2026 (1 hour ago)
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AI Summary & Key Takeaways

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

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