AWS will be a $1T business, Jassy says. But first, it will spend big.
Amazon is aiming to lead the AI cloud computing market. To achieve the goal of becoming the first company with $1 trillion in revenue, the CEO stated that the company will continue its high spending on infrastructure.
Key points
- AWS targets $1 trillion in revenue
- Focus on dominating AI cloud computing
- Company plans to maintain high capital expenditure
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