Amazon cloud unit’s AI revenue run rate exceeds $15 billion in first quarter, CEO says


Andy Jassy also said ⁠the annual revenue run rate for Amazon’s chips business, ‌which produces its Graviton and Trainium processors, is now over $20 billion [File]

Andy Jassy also said ⁠the annual revenue run rate for Amazon’s chips business, ‌which produces its Graviton and Trainium processors, is now over $20 billion [File]
| Photo Credit: REUTERS

Amazon.com ​said on Thursday its cloud ‌business’s AI revenue run ​rate was more ⁠than $15 billion in the first quarter of 2026, the company’s ‌first disclosure of direct financial returns from ‌its artificial intelligence efforts.

The ‌numbers ⁠are also “ascending rapidly”, ⁠Amazon CEO Andy Jassy said in a letter to shareholders, adding ​that its ‌cloud business as a whole would be growing even faster without the capacity ‌constraints that the tech ​industry is currently facing.



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