Amazon (AMZN.US) CEO Andy Jassy stated during an internal all-hands meeting that he forecasts AI to help the cloud computing division Amazon Web Services (AWS) achieve annual sales of USD600 billion, doubling his previous estimate, Reuters reported.

Jassy has believed for many years that AWS could become a company with stable operations and annual revenue of approximately USD300 billion in about ten years. However, given developments in the field of AI, AWS is likely to at least double its revenue scale.

Last year, AWS's revenue grew by 19% YoY to USD128.7 billion. According to Jassy's forecast, the average annual growth rate over the next ten years will be close to 17%.
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