Overview
- AWS generated $128.7 billion in revenue in 2025, up about 19% year over year, providing the baseline for the expanded long-term target.
- Jassy told employees the forecast reflects rising AI workloads, with longer-running inference and specialized hardware reshaping cloud consumption.
- He defended the capital plan as pre-investment in land, power, buildings, chips, servers and networking that must be secured years before monetization.
- Investor response was muted but positive, with Amazon shares edging roughly 1% to 1.75% higher following the remarks reported by Reuters.
- Some coverage notes OpenAI is no longer contractually tied to Microsoft Azure for certain work, which could expand AWS opportunities in AI-focused deals.