Amazon
Designs its own Trainium AI chips and rents them out through AWS.
- Revenue
- 5% of AI chip supply (Epoch AI)
- Growth
- Trainium business at about a $20B annual run rate (Q1 2026 earnings call, April 2026)
- Based in
- Seattle, US
- Founded
- 1994
- Listed
- Public (AMZN)
Anthropic is its main Trainium customer, which gives Amazon a second source of AI chips beside Nvidia.
Most Trainium revenue is tied to one large lab, so one contract change moves the numbers a lot.
Money coming in
Who pays Amazon, and for what.
commits to Trainium AI capacity through AWS
letsdatascience.com
Money going out
Who Amazon pays to do what it does.
signed a multiyear deal for optical fibre, cable and connectivity for its US data centres
sec.govInvested in Anthropic and committed compute through AWS
pasqualepillitteri.it
Where it sits on the map
its own AI chips
AWS is the biggest cloud, and it rents out its Trainium chips alongside Nvidia GPUs.
Invests in Anthropic and sells it cloud compute through AWS.
Hosts private and dedicated copies of AI models inside a customer's own AWS account, through Bedrock and related services.
Competitors and neighbours
Designs the GPUs that train and run most big AI models, and the CUDA software they run on.
$89.0B data centre revenue in the quarter to July 2026 (fiscal Q2 2027), out of $96.2B total
Open profileMakes ChatGPT, the assistant most people use, and sells its models to businesses through an API.
About $13B revenue in 2025, against about $34B of costs (reported)
Open profileMakes Gemini, the assistant built into Android, Search and Workspace.
25% of AI chip supply (Epoch AI)
Open profileDesigns custom AI chips for big clouds and AI labs, and the networking chips that link them.
AI chip revenue $16.7B in a quarter, up 221%
Open profileMakes fast inference chips for running models, built around its own LPU design.
$3.5B in a 2026 round that followed its Nvidia licensing deal
Open profileMakes very large single-chip AI systems built for fast answers from models.
$510M in 2025, with $87.9M net income
Open profileDesigns custom AI chips for large cloud customers, and the optical chips that link data centres.
$2.006B in the quarter to July 2026 (fiscal Q2 2026), up 58%
Open profileLicenses the processor designs (CPU cores) that most of the world's chips are built on, and earns royalties on each chip sold.
$4.92B for the year to March 2026, a record
Open profileSells chip-design software and design blocks used to build AI and other chips.
$1.58B in the quarter to June 2026, up 24.2%. Full-year 2026 guidance about $6.3B
Open profileSources: theregister.com, pasqualepillitteri.it, axios.com
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