Amazon.com Inc. (NASDAQ:AMZN) could see renewed momentum in Amazon Web Services (AWS) as artificial intelligence startup Anthropic rapidly scales its revenue. The development highlights rising enterprise demand for AI services and signals potential upside for AWS growth.
Bank of America Reiterates Buy On Amazon
Amazon could benefit from accelerating demand for artificial intelligence services, according to a new research note from Bank of America Securities (BofA).
Analyst Justin Post reiterated a Buy rating on Amazon and maintained a $275 price forecast.
Post said Anthropic’s rapid revenue growth reflects strong enterprise adoption of artificial intelligence tools. He added that the trend could drive additional upside for Amazon Web Services.
Anthropic Growth Signals Rising AI Demand
Bloomberg reported that Anthropic’s annualized revenue run rate exceeded $19 billion. That figure is up $17 billion year over year and $10 billion since the end of 2025.
Post noted that demand has increased…