Amazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud capacity is largely sold out through 2027. The company is struggling to keep pace with the insatiable demand from AI labs and enterprises. These significant commitments show how much businesses need new infrastructure to support growing AI technology.

Oct 23 (Reuters) - Amazon (AMZN.O), opens new tab CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is ​largely sold out through 2027, with ‌significant commitments extending into 2028, on growing demand for AI infrastructure.

In a video podcast with Andreessen Horowitz co-founder ​Ben Horowitz and general partner Erik ​Torenberg, Jassy said Amazon is struggling ⁠to keep pace with the insatiable demand ​from AI labs and enterprises.

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Reporting by ​Jaspreet Singh in Bengaluru; Editing by Diti Pujara