For the first time, Amazon achieved annual net sales of $717 billion, edging past Walmart’s $715.9 billion in fiscal 2025 and securing its place as the world’s highest-revenue company. This milestone reflects broad strength across Amazon’s e-commerce, cloud computing and digital services segments.

Amazon is committing capital alongside Microsoft and Nvidia in a funding round expected to raise over $100 billion for OpenAI, which will value the AI research firm at approximately $850 billion post-financing. The infusion will support expansion of data centers, specialized hardware and next-generation AI model development.

By overtaking Walmart in revenue and deepening its partnership with OpenAI, Amazon underscores a shift toward high-margin services and advanced AI capabilities. These moves position the company to leverage AI-driven efficiencies in retail, cloud and advertising, potentially boosting long-term profitability and competitive edge.