Key facts
- Amazon Web Services' cloud capacity is largely sold out through 2027.
- Significant commitments for cloud capacity extend into 2028.
- Amazon plans to invest heavily in capital expenditure for AI infrastructure.
Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant commitments extending into 2028, CEO Andy Jassy said on Friday. Jassy stated that the company is struggling to meet the insatiable demand from AI labs and enterprises for infrastructure. He noted that Amazon could invest a lot more capital, as capacity for 2026 is already sold out. Amazon is scheduled to report its third quarter results on October 29.