John Whelan: Amazon betting big on AI becoming central to cloud offerings

An impressive 20% sales growth in Amazon Web Services in 2025 saw it account for nearly 60% of overall group sales and provided the bulk of group operating profits

Amazon chief executive Andy Jassy said the company plans to invest about $200bn in capital expenditures across Amazon in 2026.

Earlier this month, Amazon unveiled its financial results for 2025, revealing a story that goes deeper than just sales growth. 

For the first time, Amazon overtook Walmart as the world’s largest company by sales revenue.