Event Archive

Inventing the future: AWS CEO Matt Garman said AI's true value has yet to be unlocked.

Amazon’s bet on AI is paying dividends. In its last quarter results in November, AWS saw a 20% rise in sales, bringing in $33bn in earnings. The company has not seen growth like this since 2022, and, as CEO Andy Jassy said in its Q3 earnings call, this shows that its infrastructure investments are bearing fruit. And it’s going all in with agentic AI. AWS now has 38 regions and 120 availability zones. This year will see a third region in Latin America, in Chile, a number of regions in Saudi Arabia, and a sovereign cloud in Europe. It has added 3.8GW of datacentre capacity in 2025. Its network now comprises nine million kilometres of land and subsea fibre.

There were a number of notable announcements at the company’s re:Invent conference in Las Vegas in December. Over 60 000 people attended the conference, and around two million watched online. This was also the first year that the keynotes were streamed in Fortnite, and if you didn’t feel like watching them in the virtual lounge, you could watch them on billboards from behind the wheel as you drove around Vegas on the Keynote Racer island.