Amazon Web Services' 2027 Cloud Capacity 'Largely Sold Out,' Amazon.com CEO Says
MT newswire2026/10/26 09:14Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:14 AM EDT, 10/26/2026 (MT Newswires) -- Amazon Web Services' cloud computing capacity for 2027 is largely booked, with a significant portion of its 2028 capacity also committed, Amazon.com (AMZN) Chief Executive Andy Jassy said in a podcast interview Friday. The capacity in 2026 has been sold out as well, Jassy said in the podcast interview, adding that the company retains some availability for on-demand services and its Bedrock AI platform. Jassy said demand from AI developers and businesses is making it difficult for Amazon to expand capacity fast enough. Amazon earmarked $220 billion in capital expenditures this year, with Jassy noting data centers, servers and networking as areas for investment, according to the podcast.
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