AI to Propel AWS Revenue to $600 Billion by 2036, Predicts Amazon CEO Andy Jassy: Report

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Amazon CEO Jassy: AI to Drive AWS Revenue to $600 Billion by 2036

Amazon CEO Andy Jassy predicts AI could double AWS revenue to $600 billion in a decade. Updates on drone deliveries and grocery services were also discussed.

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Storyboard•18-03-2026, 09:01

Amazon CEO Jassy: AI to Drive AWS Revenue to $600 Billion by 2036

•Amazon CEO Andy Jassy projects AI will boost AWS annual revenue to $600 billion by 2036, doubling previous estimates.
•This revised projection implies an average annual growth rate of nearly 17% for AWS over the next decade.
•Amazon plans $200 billion in capital expenditures this year, primarily for AI development and infrastructure.
•Jassy acknowledged investor scrutiny over spending, stating investments are driven by strong demand signals.
•Company also updated on drone deliveries, expecting one millionth delivery this year, and grocery business.

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