The AI Daily Brief · Friday, October 30, 2026
Recent earnings reports from major tech companies highlight booming AI-related revenues set against slowdowns in legacy business lines. Amazon posted record AWS cloud growth of 39%, while overall revenue missed forecasts, and Intel reported 78% data center growth alongside a forecasted slowdown and a 23% stock crash.
“Amazon reported 39% annualized growth for AWS, their highest cloud growth in almost five years.”
“We believe that AWS can grow north of 40% in each of 2027 and 2028, and be a trillion-dollar revenue business in the next 5 to 10 years.”