Amazon cloud 1st discloses Q1 AI run rate above $15B
NewsBytes | April 9, 2026 8:40 PM CST
Amazon chips double, cloud revenue $24.6B
Amazon's custom chips (Graviton and Trainium) have doubled their annual revenue run rate to more than $20 billion this year.
Overall, Amazon's cloud business grew 12% to $24.6 billion last quarter, with CEO Andy Jassy expecting even more demand as businesses keep jumping on the AI and cloud bandwagon.
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