‘We’re not dabbling here’: AWS backs infrastructure investments as revenues soar

The largest hyperscaler poured billions into cloud capacity during Q1 to meet rising AI demand, CEO Andy Jassy said.

Dive Brief:

• AWS posted nearly $30 billion in cloud revenues, a 17% year-over-year increase driven in part by triple-digit growth in AI revenues, Andy Jassy, CEO of parent company Amazon, said Thursday during the company’s Q1 2025 earnings call.
• Amazon continued to invest heavily in its technology infrastructure, reporting nearly $25 billion in capital expenditures, mostly to satisfy demand for cloud and AI services, CFO Brian Olsavsky said.
• “We're not dabbling here,” Jassy said. “We're very intentionally giving builders the broadest possible capabilities at every level of the AI stack cost effectively to use AI expansively across their businesses.”