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AWS chief: AI labs want “gobs and gobs of compute”

Jassy: “As fast as we install AI capacity we’re monetising it” - but need to be "scrappy" getting power is coming with risks.

Edward Targett
By  Edward Targett
4 min read
AWS chief: AI labs want “gobs and gobs of compute”
An AWS Project Rainier data centre. Image credit: AWS

Amazon will spend $200 billion largely on AWS systems in 2026 – because “as fast as we install AI capacity we’re monetising it” said CEO Andy Jassy.

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  • Edward Targett

    Edward Targett

    Ed is a co-founder of The Stack. He previously edited Computer Business Review. He has also covered energy markets. He started his journalism career on local papers. He left school at 15 and has made a living asking "but why?" ever since.