AITechCrunch AI1h ago
AWS will be a $1T business, Jassy says. But first, it will spend big.
TL;DRAWS chasing $1T revenue requires massive spending on AI infrastructure.
Why it matters: AWS's capex strategy will shape cloud market competition and AI accessibility for enterprises.
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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