Buoyed by OpenAI deal, AWS prepares for agentic future

The tech giant will continue to “lay out cash” for compute infrastructure, including land, buildings and chips, CEO Andy Jassy said.

Dive Brief: 

• Amazon Web Services reached $37.6 billion in revenue during the first quarter of fiscal year 2026, up 28% year over year, executives said during an earnings call Wednesday.
• Amazon CEO Andy Jassy said AWS remains confident in the capital expenditure investments the company is making in chips, data centers and other infrastructure. The tech giant committed $200 billion in CapEx throughout 2026. 
• AWS is expanding its share of AI workloads, including through its deal with OpenAI, Dave McCarthy, program VP of cloud and infrastructure services at market intelligence firm IDC, told CIO Dive in an email. “The OpenAI-AWS partnership is arguably the most consequential infrastructure deal in enterprise technology in years — and enterprises should be paying close attention to what it means for their AI strategy ...