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At an all-hands, Andy Jassy said he expects AI to help AWS reach $600B in annual sales by 2036, double his prior estimate; AWS had revenue of $128.7B in 2025

Amazon O> CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing …

Reuters Greg Bensinger

Context & Ripple Effects

Jassy had previously framed generative AI as a major technology transition, then Amazon outlined a $100B 2025 capex plan centered largely on AI. The new sales target extends that investment logic from infrastructure spending to AWS’s long-range revenue ambition.

AWS reported $128.7B in 2025 revenue, making the $600B 2036 goal a clear statement that Amazon expects AI workloads to become a much larger part of cloud demand. Subsequent coverage of a $15B AWS AI revenue run rate provides an early commercial marker for that thesis.

First-order effects

  • AWS gains a substantially higher internal growth benchmark: AI is positioned as the principal route to expanding annual sales from its 2025 base toward $600B by 2036.
  • Amazon’s cloud, chip and infrastructure teams have stronger strategic justification to prioritize capacity and products that convert AI usage into recurring AWS revenue.

Second-order effects

  • Rival cloud platforms face added pressure to show that their own AI offerings can drive durable cloud consumption, not merely model access or pilot demand.
  • A higher AWS growth outlook reinforces demand signals for the infrastructure stack around cloud AI, while increasing the importance of turning capital-intensive capacity into paid workloads.

Third-order effects

  • If AI workloads sustain this trajectory, cloud competition will increasingly hinge on the ability to commercialize compute at scale—linking data-center investment, proprietary chips and customer software into one operating model.
  • The target also underscores a longer-duration infrastructure cycle, though its realization depends on whether enterprise AI usage grows into repeatable production spending rather than remaining concentrated in experimentation.

The trend: AI is shifting hyperscaler strategy from selling general-purpose cloud capacity to building a long-duration business around commercialized AI compute and services.

Discussion

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    Amazon: AI to Double AWS Sales to $600 Billion by 2026