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Regulator Under Scrutiny 16:48 UN warns extreme heat is putting pregnancies and newborns at greater risk 16:45 Avengers: Endgame returns to the top of the global box office 16:30 Gaza strike kills Turkish NGO director as Israel alleges Hamas ties 16:23 Rubio says B-1 bomber withdrawal from UK base was not directly linked to recent incident 16:15 Iran urges US negotiations as Strait of Hormuz tensions remain high 16:05 Mohammedia launches Fdala Atlantic Triathlon with sport, inclusion and sustainability in focus 16:01 Morocco’s net international investment position deficit widens to 776 billion dirhams 16:00 Israel orders review of security measures for international flights after Flydubai attack 15:59 Enosis Expands Its Paper Range with the Launch of Olly 15:45 World’s leading causes of death remain dominated by cardiovascular diseases 15:38 Djokovic reaches Beijing final after Medvedev disqualification 15:30 Tangier Mayor Mounir Laymouri Jailed Amid Electoral Fraud Investigation 15:29 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in African military training through NATO cooperation 08:23 Nearly half of Britons support returning to the European Union, poll finds 08:08 Morocco gains importance in DHL’s global logistics strategy

Amazon sees AI driving AWS revenue to 600 billion dollars

Wednesday 18 March 2026 - 16:20
By: Dakir Madiha
Amazon sees AI driving AWS revenue to 600 billion dollars

Amazon chief executive Andy Jassy said artificial intelligence could help Amazon Web Services reach 600 billion dollars in annual revenue within the next decade, significantly raising his earlier forecast, according to remarks reported by Reuters.

Speaking at an internal company meeting, Jassy said he had previously expected AWS to generate around 300 billion dollars annually in about ten years. He now believes advances in AI could allow the cloud unit to at least double that figure.

The projection comes as Amazon increases spending on AI infrastructure. The company plans to invest about 200 billion dollars this year, largely focused on data centers and systems required to support artificial intelligence. The scale of the investment unsettled investors when it was announced alongside fourth-quarter earnings in February, triggering a sharp decline in the company’s share price.

AWS reported revenue of 128.7 billion dollars in 2025, up 19 percent from the previous year. Jassy’s forecast implies an average annual growth rate of roughly 17 percent over the next decade and would represent a near fivefold increase from current levels.

During a question and answer session, Jassy acknowledged market concerns about the scale of spending but defended the strategy. He said the company is responding to clear and growing demand rather than making speculative bets on AI adoption.

He added that expanding AWS requires large upfront investments in land, energy, buildings, semiconductors, servers and networking equipment, often years before those assets generate returns.

Amazon’s plans align with a broader surge in capital expenditure across the technology sector. Alphabet has projected capital spending of between 175 and 185 billion dollars for 2026, Microsoft spent 37.5 billion dollars in its latest quarter, and Meta expects to invest between 115 and 135 billion dollars.

Amazon shares rose following the report. The company declined to comment beyond Jassy’s statements.

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