Wall Street just got a candid look at who is winning the AI race

Andy Jassy sounded the most confident of the whole group. AWS grew 39.3% in the third quarter, its fastest pace in nearly five years, and its backlog hit $578 billion. Amazon is now installing an AI accelerator about every 14 seconds, and customers are taking new capacity nearly as fast as it comes ...

Andy Jassy sounded the most confident of the whole group. AWS grew 39.3% in the third quarter, its fastest pace in nearly five years, and its backlog hit $578 billion. Amazon is now installing an AI accelerator about every 14 seconds, and customers are taking new capacity nearly as fast as it comes online, Amazon reported.

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