1. Amazon's AI business grows three times faster than its cloud division did. 2. Cloud revenue exceeded $27 billion, up 19% due to AI demand. 3. Jassy highlights high demand outstripping available AI hardware capacity. 4. Amazon developed its own AI chips to address capacity challenges. 5. AI growth could accelerate further with improved infrastructure.
FAQ
Why Very Bullish?
AMZN's rapid AI growth surpasses AWS's initial expansion, indicating strong future potential.
How important is it?
The article indicates significant growth opportunities in AMZN's AI segment, impacting overall revenue.
Why Long Term?
Sustained AI demand and infrastructure improvements suggest ongoing benefits for AMZN.