Amazon AI Chip Unit Hits $20B Run Rate; Meta Signs $21B Nvidia Contract
Amazon's AWS AI processor unit achieved a $20 billion annual revenue run rate and is growing at triple-digit percentages, with Trainium2 GPUs sold out and Trainium3 subscriptions nearly full. CoreWeave secured a $21 billion AI cloud contract with Meta running through 2032 and will deploy Nvidia's new Vera Rubin platform globally.
1. Amazon Accelerates AI Chip Expansion
Amazon's AWS unit reported an AI processor revenue run rate of $20 billion, reflecting triple-digit year-over-year growth. The division has sold out its Trainium2 GPUs and holds near-full subscriptions for its newly shipped Trainium3 chips, though it remains constrained after adding 3.9 gigawatts of capacity in 2025 and planning to double that by 2027. Leadership indicated the potential to monetize chips beyond EC2 service, which could drive standalone annual revenue up to $50 billion.
2. CoreWeave Secures Major Meta Agreement
CoreWeave finalized a $21 billion contract to supply AI cloud capacity to Meta through December 2032. The deal calls for deployment of Nvidia's Vera Rubin AI platform across multiple global sites to optimize performance, resilience and scalability for Meta’s inference workloads, highlighting sustained enterprise demand for Nvidia's cutting-edge infrastructure.