Amazon’s big bet in AI has been 20 years in the making
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By Lisa Eadicicco
Published on March 27, 2026.
Amazon's CEO, Matt Garman, has been involved in the company's cloud computing division, Amazon Web Service (AWS), for 20 years. He plays a significant role in deciding how to deploy computing resources to drive the internet, a position that could potentially include shaping the future of AI. AWS, which provided $128.7 billion in sales last year, has become crucial for companies that rely on internet-powered tools when it goes down. However, AI has disrupted the tech industry and Amazon is making major changes, including increasing AI infrastructure spending to $200 billion this year and axing tens of thousands of jobs. The company's future depends on helping AI companies develop more accessible AI models. Amazon’s share of cloud market has dropped from 39% to 37.7% in 2024.
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