On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to service Anthropic's compute needs. The company expects Anthropic's Claude to be using over one million of Amazon's custom Trainium2 chips by year-end.

In a statement, Amazon Chief Executive Andy Jassy (pictured) said AWS is now growing at a pace that hasn’t been seen since 2022, primarily due to demand for AI resources. “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,” he said.

Amazon.com, Inc. outperformed expectations for Q3 2025, with AWS and Ads growth accelerating. Learn more about AMZN stock here.

Amazon's cloud computing division delivered the goods in the third quarter, reporting $33.0 billion in sales for a 20% year-over-year growth rate that investors had been itching to see. The latest performance blew past consensus expectations and marks an acceleration from the June quarter's 17.

Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.

The cloud over Amazon is lifting. The e-commerce and cloud giant reported Thursday that its cloud unit, Amazon Web Services, accelerated revenue growth by nearly 3 percentage points to 20% in the third quarter,

Amazon said on Oct. 28 that it is cutting thousands of corporate jobs. What does this mean for its Floridian employees?

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Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country.