AI & Automation · via TechCrunch AI

AWS will be a $1T business, Jassy says. But first, it will spend big.

just now · curated by Catalyst Web Trendz

Amazon wants to be the king of AI cloud computing and become the first $1 trillion revenue business. But to do that it will have to continue on its capex spending spree, its CEO said Thursday.

This is a curated summary. The full story was reported by TechCrunch AI.

Read the full story at TechCrunch AI

Put this to work

What it means for your brand.

Stories like this are exactly the terrain we work in every day. If this trend touches your growth plans, these are the services to look at:

Related headlines.

TechCrunch AI3h ago

As search traffic dries up, Reddit announces it’s shifting to a logged-in experience

As AI transforms how people find information online, Reddit is rethinking its open-web roots to protect its audience and business.

Read on our site

TechCrunch AI3h ago

Rivian expands joint venture with VW to include AI assistant

Rivian doesn't disclose if the value of its $5.8 billion joint venture will expand as a result.

Read on our site

TechCrunch AI4h ago

OpenAI-backed Thrive Holdings acquires ADT

OpenAI-backed Thrive Holdings is buying ADT in a $15.3 billion deal, with plans to bring AI to the home security business.

Read on our site

All of today's digest