AWS revenue hit $37.6B in Q1 (28% YoY growth, fastest in 15 quarters), driven by AI infrastructure demand. CEO Andy Jassy noted that AWS's AI revenue run rate alone exceeds $15B annually. Amazon is increasing capital expenditure to expand infrastructure capacity for continued AI workload growth.
Infrastructure
Amazon’s cloud business is surging — and so is its capital spending
With AWS AI revenue running at $15B+ annually, Amazon is ramping capital spending to scale infrastructure for sustained AI workload growth.
Thursday, April 30, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline
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