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AWS will be a $1T business, Jassy says — but first, it will spend big

· techcrunch.com · popularity 42/100 · 0 similar stories today · Computing & Software Development (Technology & Consumer Electronics)

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Summary

Amazon wants to be the king of AI cloud computing and become the first $1 trillion revenue business. But to do that it will have to continue on its capex spending spree, its CEO said Thursday.

Found in: TechCrunch AI, TechCrunch. Rating basis: single outlet; outlet tier 4; 2 feeds; listed 2 times; feed position 2.