Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure

Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure

Jeff Bezos used a CNBC Squawk Box interview that aired May 20, 2026 to deliver the clearest statement yet of his current operating philosophy: artificial intelligence has become the single connective tissue across every company he touches. “My through line for the last few years has been AI. My time at Amazon is spent on AI. My time at Prometheus is spent on AI. And my time at Blue is largely spent on AI,” Bezos said.

For shareholders of Amazon (NASDAQ:AMZN | AMZN Price Prediction), where Bezos remains executive chairman, the comment lands at a moment when AI has visibly reshaped the financials. The stock is up 12.36% year to date and 25.8% over the past year, with a current market capitalization near $2.79 trillion and a trailing P/E of 32.

The Prometheus Reveal

Bezos confirmed he has taken on co-CEO duties at Prometheus, his newly launched AI startup. “Prometheus is something I got so excited about that I became the co-CEO of the company, putting a lot of time into it,…

https://247wallst.com/investing/2026/05/29/amazons-aws-hits-fastest-growth-in-15-quarters-as-bezos-doubles-down-on-ai-infrastructure/