Amazon Thinks AWS Could Become a $1 Trillion Business. Here's Why.
CEO Andy Jassy believes Amazon Web Services' opportunity goes well beyond AI.
Amazon Web Services (AWS) CEO Andy Jassy is convinced his cloud computing division could become a $1 trillion business within the next five to ten years. This ambitious forecast is based on two key factors: the ongoing migration of businesses to cloud infrastructure and the growing demand for artificial intelligence (AI) computing resources.
While AWS currently generates roughly $184 billion in annualized revenue, the company aims to achieve this milestone by leveraging its existing cloud customers and expanding into the AI market.
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