By Emma Richardson, Senior Correspondent April 10, 2026
Amazon CEO Andy Jassy announced Amazon AI advancements on April 10, 2026, targeting a tripling of AI compute capacity by year-end.
Jassy made the announcement during an investor webcast. Amazon Web Services (AWS) drives the expansion. Amazon data released April 10, 2026, shows AWS powers 40% of global AI workloads.
Details of Amazon AI Advancements
Amazon plans 50 new AI data centers in 2026. Each center will deploy 100,000 Trainium3 chips. Jassy said during the webcast that the expansion supports generative AI services for enterprise clients.
AWS benchmarks released April 10, 2026, show Trainium3 chips deliver 4x efficiency over rivals for training large language models. The chips also provide 2x inference speed compared to Nvidia H100 GPUs.
Inferentia2 chips cut client development costs by 60%, per the same benchmarks.
Revenue Growth and Projections
AWS AI revenue reached $28 billion USD in Q1 2026, up 45% year-over-year, according to Amazon Q1 filings released April 10, 2026.
Jassy projected AWS AI revenue at $150 billion USD annually by 2027. Salesforce and Adobe integrate AWS AI services, Jassy noted.
AWS Bedrock supports 15 foundation models from providers including Anthropic and Stability AI. Jassy reported usage doubled in the latest quarter.
Gartner research from March 2026 shows enterprise software firms deploy AI 30% faster on AWS infrastructure. The data covers CRM and analytics providers.
Market Reaction
Amazon shares rose 4.2% to $212.50 USD in early trading on April 10, 2026. The Nasdaq Composite gained 1.8% the same day.
Palantir shares increased 6.1% to $45.20 USD. Snowflake shares climbed 5.3% to $168.40 USD. UiPath shares gained 7.2% to $28.50 USD.
Nvidia shares fell 1.1% to $145.60 USD. AMD shares rose 2.4% to $182.10 USD on partnership reports.
JPMorgan analysts said the news offset broader market volatility.
Cloud Market Share
Synergy Research Group reported on April 9, 2026, that AWS holds the lead in AI cloud market share. Microsoft Azure accounts for 28%. Google Cloud holds 12%.
Amazon plans $75 billion USD in capital expenditures for 2026, per company filings.
Jassy described AWS as a neutral AI platform during the webcast. Developers move from single-vendor dependencies, he added.
Barclays analysts raised their Amazon price target to $250 USD on April 10, 2026, citing margins on custom chips.
Jassy forecast AI to drive 25% of AWS growth through 2028, per the webcast.
Regulatory and Economic Impacts
The FTC increased scrutiny of cloud providers in Q1 2026. Jassy stated Amazon complies with EU AI Act standards.
Federal Reserve data attributes 0.5% of US GDP growth in 2025 to AI investments.
Jassy linked the expansions to 100,000 new AI jobs by 2027. Amazon pledged $10 billion USD for nuclear-powered data centers.
Wall Street projects 20% earnings growth for software indices in 2026. Morningstar upgraded the sector to overweight on April 10, 2026.
Vanguard's AI ETF gained 2.9% to $85.40 USD on April 10, 2026.
AWS generated $45 billion USD in free cash flow in 2025, per company reports.
Bloomberg sources reported on April 10, 2026, that Amazon reviews AI startups for acquisitions.
