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

20 billion, largely due to investments in AI-related memory.

Source: Data Center Dynamics

Reported by VERA Newswire.