Amazon CEO Reveals 15 Billion Dollar AI Revenue Run Rate
CEO Andy Jassy disclosed that Amazon Web Services generates over $15 billion in annualized AI revenue. He also defended the firm's $200 billion capital expenditure.
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AMAZON.COM INC Chief Executive Andy Jassy revealed in his annual shareholder letter that the company's artificial intelligence services within its cloud division are generating more than $15 billion in annualized revenue. This disclosure marks the first time the company has quantified the financial impact of its multi-billion dollar investments in generative AI technology.









