Amazon Thinks AWS Could Become a $1 Trillion Business. Here's Why.
Key PointsThe cloud infrastructure opportunity is far from exhausted.
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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