'It’s very unusual for business to grow this fast': Even Amazon CEO Andy Jassy is surprised at AWS cloud success — and AI domination is next
Amazon's AWS division experienced a 28% year-over-year revenue growth, reaching $37.6 billion and accounting for about one-fifth of the company's total revenue, driven largely by demand for AI services. CEO Andy Jassy noted the unusual pace of growth for a business of AWS's size and emphasized ongoing heavy investments in AI infrastructure and in-house chip development. Despite high capital expenditures, Amazon remains committed to long-term growth opportunities in the cloud and AI markets.
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Pro 'It’s very unusual for business to grow this fast': Even Amazon CEO Andy Jassy is surprised at AWS cloud success — and AI domination is next News By Craig Hale published 30 April 2026 AWS growth continues to impress even Amazon When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Future / Mike Moore) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter AWS revenue grew 28% – it's now a fifth of Amazon's total revenueIndustry partnerships and in-house chips are impressing customersCapex will remain high during the "early years" of the AI boomAmazon revenues are up 17%…
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