Amazon Web Services CEO Matt Garman said the company is looking to fund its artificial intelligence buildout in a "responsible" way as it works to meet customer demand. He also said AWS revenue has now grown for six straight quarters.
According to the report cited by Techub and attributed to Bloomberg, Garman said Amazon expects AWS annual growth could exceed 40% in each of the next two years. The remarks point to AI infrastructure spending as a central part of AWS's current expansion plans.
The update was published by Techub as a brief news item and did not include additional financial details beyond the growth outlook, the six-quarter revenue growth streak, and Garman's comments on funding AI-related construction responsibly.
Techub reported that Amazon Web Services CEO Matt Garman said the company is seeking to fund its AI buildout in a "responsible" way to meet customer demand.
AWS revenue has grown for six consecutive quarters. Garman said the company expects annual growth could top 40% in each of the next two years.
The report was attributed to Bloomberg.
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