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00:02Amazon CEO Andy Jassy said artificial intelligence could drive Amazon Web Services to $600 billion
00:08in annual sales, according to Reuters. The figure doubles Jassy's prior estimate of $300 billion.
00:16Amazon held a company-wide meeting on Tuesday to update employees on businesses,
00:20including drone deliveries, advertising, and Amazon Fresh Groceries.
00:25A.W.S. reported $128.7 billion in 2025 sales, up 19% from 2024.
00:33Jassy said strong demand signals support the company's $200 billion capital expenditure plan
00:38focused on AI infrastructure. He said faster A.W.S. growth requires upfront spending on land,
00:45power, and equipment before monetization. For all things money, visit Benzinga.com.
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