Amazon Expects AWS Sales To Be $600B By 2036, Double That Of Prior Projections: Report

According to a report from Reuters, citing comments made by CEO Andy Jassy during an internal all-hands meeting, artificial intelligence could boost cloud revenues.
The Amazon Web Services (AWS) logo is seen in this illustrtion photo taken in Warsaw, Poland on 21 November, 2023. (Photo by Jaap Arriens/NurPhoto via Getty Images)
The Amazon Web Services (AWS) logo is seen in this illustrtion photo taken in Warsaw, Poland on 21 November, 2023. (Photo by Jaap Arriens/NurPhoto via Getty Images)
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Aashika Suresh·Stocktwits
Published Mar 17, 2026   |   3:09 PM EDT
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Amazon.com (AMZN) reportedly expects revenue from its cloud business Amazon Web Services (AWS) to hit $600 billion in annual sales by 2036, double the prior estimate.

According to a report from Reuters, citing comments made by CEO Andy Jassy during an internal all-hands meeting, artificial intelligence could boost cloud revenues.

“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,” Jassy reportedly said. “I think what's happening in AI is that AWS has a chance to be ​at least double that.”

Shares of AMZN were up 1.3% at the time of writing. 

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