"AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon announced in its third-quarter earnings release on Thursday. The business segment's operating income increased to $11.4 billion in Q3, up from $10.4 billion at the same point in 2024. "AWS is growing at a pace we haven't seen since 2022, re-accelerating to 20.2% YoY," Andy Jassy, the president and CEO of Amazon said in the company's earnings announcement. "We continue to see strong demand in AI and core infrastructure, and we've been focused on accelerating capacity - adding more than 3.8 gigawatts in the past 12 months.""
"AWS launched an infrastructure region in New Zealand during the quarter and has three more regions in the pipeline. The cloud infrastructure provider also secured several new deals in Q3 across a variety of industries including a few notable names in the AI market. In July, AWS partnered with Perplexity to launch the AI browser company's enterprise product. AWS also partnered with Cursor during the third quarter."
"The intense infrastructure demands of AI have also been a boon to AWS's competitors. OpenAI and Oracle allegedly inked a massive $300 billion cloud compute deal in September that will start in 2027. The pair also made a deal for OpenAI to pay Oracle $30 billion a year for data center services. Last week, Google and Anthropic announced a cloud deal worth tens of billions of dollars."
AWS grew 20% year-over-year and reached $33.1 billion in sales through the first nine months, with Q3 operating income rising to $11.4 billion. Growth re-accelerated to roughly 20.2% year-over-year amid strong AI and core infrastructure demand, with more than 3.8 gigawatts of capacity added in the past 12 months. AWS launched an infrastructure region in New Zealand and has three more regions planned. The company secured new deals across industries, including partnerships with Perplexity and Cursor to support enterprise AI offerings. Competitors also closed massive cloud compute agreements, reflecting high market willingness to pay for compute.
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