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

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.

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, doubling from the $10 billion milestone the company reported earlier this ⁠year.


"There's so much demand for our chips that it's quite possible we'll ​sell racks of them to third parties in the future," Jassy added.