Amazon CEO Says AI To Double AWS Sales To $600 Billion By 2036; Previously Estimated $300 Billion By 2036

Amazon's CEO announced that the company's AI initiatives are projected to double the sales of Amazon Web Services (AWS) to $600 billion by 2036, up from a previous estimate of $300 billion. This significant growth forecast highlights the increasing importance of AI in driving revenue for AWS. The announcement may impact investor sentiment and stock performance for Amazon (AMZN).