Amazon’s CEO, Andy Jassy, also commented that artificial intelligence has the potential to enable the company’s cloud services, known as Amazon Web Services, to achieve an annual sale of $600 billion in the future, almost double the initial estimate. He also commented that the high demand for artificial intelligence services is the reason behind the growth, even as the company plans to spend around $200 billion on artificial intelligence infrastructure, including data centers and servers. Other projects that the company also shared include the drone delivery project, which is set to hit the mark of one million deliveries this year.
Amazon CEO Sees AI Doubling Prior AWS Sales Projections to $600 Billion by 2036