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

Amazon plans elevated capital spending to drive AWS towards a $1 trillion revenue milestone.

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·29 Oct 2026, 23:42·United States

Amazon Web Services is targeting $1 trillion in revenue as it seeks to lead the market for artificial intelligence cloud services. Achieving this milestone will require the company to sustain substantial capital expenditure, according to chief executive Andy Jassy.

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This summary was written by the GPU Data Hub desk from reporting published by TechCrunch on 29 Oct 2026, 23:42. Read the full article at the original publisher.

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