Amazon $220 Billion AI Spend Still Short of Demand

[META_TITLE]Amazon's $220B AI spend: Jassy says capacity still short[/META_TITLE] [META_DESCRIPTION]Amazon CEO Andy Jassy says $220 billion in spending this year still won't meet AI and cloud demand, as AWS revenue jumps 37% to $42.2 billion.[/META_DESCRIPTION] [PAGE_TITLE]Amazon to Spend $220 Billion This Year — and Jassy Warns It Still Won't Be Enough[/PAGE_TITLE] [FOCUS_KEYWORD]Amazon $220 billion spending[/FOCUS_KEYWORD] [SECONDARY_KEYWORDS]AWS capacity demand, Andy Jassy Amazon AI infrastructure, AWS Q2 revenue growth, Amazon cloud capacity shortage, AWS backlog $496 billion[/SECONDARY_KEYWORDS] [KEY_FACTS] • Main Update: Andy Jassy said Amazon will spend about $220 billion this year and still won't have enough capacity to meet demand. • AWS Growth: AWS posted $42.2 billion in Q2 revenue, up 37% from $30.9 billion a year ago — its fastest growth in 18 quarters. • Profitability: AWS operating income rose 64% to $16.6 billion, with margin expanding to 39.4% from 32.9%. • Forward Demand: AWS's future-revenue backlog grew to $496 billion in customer commitments. • Market Reaction: Amazon shares jumped more than 9% in after-hours trading on Thursday. [/KEY_FAC