Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter

Cloud

April 9 : Amazon's AI services at its cloud-computing unit are generating annualized revenue of more than $15 billion, CEO Andy Jassy said, the first time the company has reported numbers on a business it has backed with billions of dollars in investment. The figure, based on first-quarter performance, represents roughly 10 per cent of Amazon Web Services' $142 billion revenue run-rate and follows years of wait from investors and analysts. The disclosure was one of several Jassy made on

Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter https://www.channelnewsasia.com/ - 09.04.2026 21:06

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Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter https://www.channelnewsasia.com/ - 09.04.2026 21:06