AWS Reports Strongest Growth Since 2021; Amazon Capex Rises on AI Demand

2026-08-02

Amazon Web Services (AWS) has announced its fastest revenue growth rate since 2021, driven by increased cloud demand. This surge is contributing to Amazon's projected annual capital expenditures reaching $220 billion, largely due to investments in AI-related memory.

Source: Data Center Dynamics

Reported by VERA Newswire.