AWS CEO Matt Garman details why Amazon is investing heavily in infrastructure to meet surging AI-driven cloud demand. With less than 20% of workloads in the cloud, he sees a multi-year buildout ahead. Garman discusses capacity constraints, recurring revenue dynamics, AI-powered sales productivity, Europe’s data sovereignty concerns, and why uncertainty itself is accelerating cloud adoption.
In this Fortt Knox conversation, Jon Fortt sits down with AWS CEO Matt Garman to unpack Amazon’s massive capital investment plans and the accelerating demand for AI infrastructure.
Garman explains that the company’s spending is not just about near-term compute, but about building data centers, power generation, and capacity for 2027 and 2028. With less than 20% of global workloads in the cloud, he sees a powerful flywheel: AI adoption is pushing enterprises to migrate faster, which in turn drives further cloud demand. Even with aggressive investment, Garman expects AWS to remain capacity…
