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AWS AI and custom chips each crossed a $25 billion annual run rate in the second quarter of 2026, Amazon CEO Andy Jassy reported on July 30. The same quarter, a $53.4 billion non-cash mark on Amazon's Anthropic stake dominated the company's net income. And separately, Jeff Bezos is now co-CEO of Prometheus, an industrial AI startup valued at $41 billion after a $12 billion raise in June. The full picture is three AI bets operating in parallel, each at a scale that would be a career-defining position for most investors.
