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Amazon AWS Revenue Outlook and AI Market Growth

The Motley Fool +1 ·

AMZN Amazon.com Inc
$251.40 -0.05%
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  1. 1Analysts expect a trillion-dollar AI market to form within a few years.
  2. 2Amazon CEO Andy Jassy stated in a recent earnings call that AWS is expected to eventually generate trillions in revenue.
  3. 3AWS's recent annual revenue run rate reached $169 billion.

So what's the key point?

The artificial intelligence market is expected to grow significantly. Amazon's cloud service, AWS, is also expected to generate substantial revenue.

Source The Motley Fool +1 · View original ↗

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