After three years of questions about whether or not enterprises were ready to embrace AI, AWS echoed its hyperscaler competitors Thursday with earnings results that show a dramatic acceleration in demand for its cloud services thanks largely in part to the arrival of AI agents.
AWS revenue grew 37% during the second quarter to $42.2 billion, the fastest that the leading cloud infrastructure provider has grown in 18 quarters. The company is also sitting on a $496 billion backlog of cloud business that has yet to be realized as revenue, which is up "triple digits" compared to last year, said Amazon CEO Andy Jassy.
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