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Exclusive-Amazon CEO sees AI doubling his prior AWS sales projections to $600 billion by 2036

Exclusive-Amazon CEO sees AI doubling his prior AWS sales projections to 0 billion by 2036

By Greg Bensinger

SAN FRANCISCO, March 17 (Reuters) – AmazonO> ‌CEO Andy Jassy ‌said during an internal all-hands meeting ​he expects artificial intelligence could help cloud computing unit Amazon Web Services ‌achieve $600 ⁠billion in annual sales, double his own ⁠prior estimate.

“I’ve been thinking for the last number ​of years ​that ​AWS, call ‌it 10 years from now, could be about a $300 billion annual revenue, run rate business,” said Jassy, ‌according to ​a review of ​his ​comments by Reuters. “I ‌think what’s happening ​in AI ​that AWS has a chance to be ​at ‌least double that.”

(Reporting by ​Greg Bensinger; Editing by ​Chizu Nomiyama)

https://finance.yahoo.com/news/exclusive-amazon-ceo-sees-ai-184824036.html

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