AWS says its customer base spans industries and regions, addressing concerns that its growth depends on a handful of AI companies. Corporate cloud migration and AI adoption are reinforcing demand for each other, while the business has no plans to separate from Amazon.
In an interview with Fox Business on October 31, Amazon Web Services CEO Matt Garman said committed customer spending exceeded $280 billion, with AI labs accounting for only a small portion. He described the pace of growth at a business with an annual revenue run rate of $184 billion as unusual and highlighted the opportunity for further expansion.
Garman said OpenAI and Anthropic were large customers, but demand for their models extended across enterprises and startups. Customers running inference with those models through Bedrock, AWS’s generative AI service, span financial services, healthcare, retail and other industries around the world, he said.
Bedrock is the fastest-growing multibillion-dollar business AWS has…