Jassy Says AWS Capacity Is Sold Out for 2026, 'Largely Sold Out' for 2027 and Partly Booked Into 2028
Amazon CEO Andy Jassy said on an Andreessen Horowitz podcast that AWS computing capacity for 2026 is sold out, that "2027 is largely sold out" apart from capacity kept for on-demand use, and that "a good chunk of 2028 is sold out," Reuters reported on October 23. He said Amazon could invest more than its planned capital spending of about $220 billion this year.
Amazon's chief executive says AWS capacity is booked years ahead, the same week Elon Musk said debt markets have shut for companies that depend only on AI data-centre revenue. Amazon CEO Andy Jassy made the remarks in a video podcast with Andreessen Horowitz co-founder Ben Horowitz and general partner Erik Torenberg, Reuters reported on Friday, October 23.
What Jassy said
"2027 is largely sold out," Jassy said, according to Reuters. "We always leave a certain amount for on demand and our inference service bedrock, or EC2, but largely sold out all the big chunks. A good chunk of 2028 is sold out." Reuters says Jassy described 2026 capacity as already sold out, and that he said Amazon is struggling to keep pace with demand from AI labs and enterprises.
Amazon said earlier this year that it would spend about $220 billion in capital expenditure in 2026, and Jassy said it "could invest a lot more and it wouldn't be a bad use of capital," Reuters reported. Amazon is scheduled to report third-quarter results on October 29, according to Reuters.
For context, our SpaceX update covers Musk's claim that lenders have pulled back from AI-only data-centre companies.
Limits
- We rely on Reuters' account, read through CNA; we did not watch the podcast episode or find a transcript published by Andreessen Horowitz.
- Jassy did not quantify what "largely" or "a good chunk" means, and Amazon has not published capacity figures.
- Jassy said this on October 23, three days before this article; we are covering it now because we missed it at the time.