Amazon CEO Andy Jassy Highlights Unprecedented AI Growth

During Amazon's Q1 2026 earnings call, CEO Andy Jassy emphasized the rapid adoption of artificial intelligence (AI), stating that AWS’s current $15 billion annualized run rate for AI is nearly 260 times higher than its revenue at a similar stage. The company also reported triple-digit growth in custom chip sales and significant demand commitments from OpenAI and Anthropic.

By Joel South Fri, June 19, 2026 at 8:18 PM GMT+3 3 min read · Yahoo Finance ·

Amazon CEO Andy Jassy Highlights Unprecedented AI Growth

Tickers: $AMZN $NVDA

Topics: AI AWS revenue Bedrock growth custom chips Graviton/Trainium/Nitro

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