Amazon disclosed Thursday that its cloud computing division’s artificial intelligence operations generated more than $15 billion in revenue during the first quarter of 2026, marking the first time the tech giant has revealed specific financial figures from its AI investments.
Chief Executive Andy Jassy told shareholders that these figures are “ascending rapidly” and noted that the company’s overall cloud operations would be expanding even more quickly if not for current capacity limitations affecting the technology sector.
The CEO also revealed that Amazon’s semiconductor division, which manufactures Graviton and Trainium processors, has reached an annual revenue rate exceeding $20 billion. This represents a doubling from the $10 billion figure the company announced earlier this year.
“There’s so much demand for our chips that it’s quite possible we’ll sell racks of them to third parties in the future,” Jassy stated.
These financial revelations demonstrate that Amazon’s substantial investments in artificial intelligence infrastructure are beginning to generate significant returns. Jassy has previously indicated he believes AI technology will help Amazon Web Services reach $600 billion in yearly sales, which doubles his earlier projections, according to exclusive reporting from Reuters last month.
Amazon Web Services recorded total revenue of $128.7 billion in 2025, representing approximately 20% growth compared to the previous year. Industry analysts project the division will reach $142 billion in sales this year.
The company announced in February it plans to invest roughly $200 billion in capital expenditures this year, with most funds directed toward AI development and related infrastructure. While this substantial spending initially concerned investors, Jassy assured shareholders Thursday that much of the AWS investment will generate revenue during 2027 and 2028.
“We already have customer commitments for a substantial portion of it,” he explained.
