Amazon (AMZN) CEO says AI to double AWS sales to USD 600bln by 2036; previously estimated at USD 300bln
Amazon's CEO projects that AI will significantly boost AWS sales, now estimated to reach USD 600 billion by 2036, double the previous estimate.
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Gholamreza Soleimani, the commander of Iran's Basij force killed in US/Israel attack, State Media reports
Amazon (AMZN) CEO says AI to double AWS sales to USD 600bln by 2036; previously estimated at USD 300bln
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Trump admin official says finding a "way to align closer with Russia" could create "a different power balance with China that could be very, very beneficial", Politico reports
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This ambitious forecast highlights the growing importance of AI in revenue generation and emphasizes AWS as a key driver for Amazon's future growth. Increased confidence in AWS could enhance sentiment around AMZN shares, potentially impacting broader tech and consumer discretionary sectors.
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