Amazon cloud capacity sold out through 2027, CEO Jassy says
Amazon CEO Andy Jassy disclosed on Friday that the company's cloud computing capacity is largely sold out through 2027, with substantial commitments extending into 2028, due to the escalating demand for AI infrastructure. In a video podcast with Ben Horowitz and Erik Torenberg from Andreessen Horowitz, Jassy highlighted the company's struggle to keep up with the relentless demand from AI labs and enterprises.
Earlier this year, Amazon announced it would spend approximately $220 billion in capital expenditure for 2026. Jassy revealed that the company could invest even more, suggesting it would not be a poor use of capital considering the cloud-computing capacity for 2026 is already sold out.
According to Jassy, 2027 is largely sold out, though they always leave a certain amount of capacity for on-demand needs and their inference service Bedrock, as well as EC2, which provides cloud servers for running applications. A significant portion of 2028 is also sold out, he added.
Amazon is set to announce its third-quarter results on October 29.
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- Amazon’s AWS cloud capacity largely sold out through 2027, CEO says investing.com
- Andy Jassy says AWS capacity for 2027 is "largely sold out" and a "good chunk" of 2028 capacity is also sold, though AWS reserves some capacity for on-demand (Catherine Perloff/The Information) theinformation.com
- Amazon cloud capacity sold out through 2027, CEO Jassy says channelnewsasia.com
