https://www.live-feeds.com/feed/aws-will-be-a-1t-business-jassy-saysContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/aws-will-be-a-1t-business-jassy-sayshttps://www.live-feeds.com/feed/aws-will-be-a-1t-business-jassy-says#u177259Thu, 05 Nov 2026 11:04:40 +0000Amazon CEO Andy Jassy predicts that Amazon Web Services will become a one trillion dollar annual revenue business within the next decade, driven by strong artificial intelligence demand. AWS grew 39 percent in the third quarter of fiscal 2026 to reach 45.9 billion dollars, while the cloud backlog expanded to 578 billion dollars. Despite this growth, Jassy warned that Amazon must first execute a massive capital expenditure spending spree, with AI spending slated to go meaningfully higher in 2027 to build out necessary infrastructure. Amazon cloud capacity is largely sold out through 2027.Why it