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.
AWS will be a $1T business, Jassy says. But first, it will spend big.
TE TechCrunch 
Key takeaways
AWS aims to become a $1T revenue business, with significant capital spending planned for 2026 and 2027.
- Andy Jassy stated AWS could reach $1T in revenue within 5-10 years.
- Amazon plans $220B in 2026 cash capex, mostly for AWS infrastructure.
- AWS revenue grew 39% year-over-year, with 40% growth forecasted for 2027 and 2028.
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