Amazon’s latest earnings may have changed the AI narrative around the company. Mizuho’s Jordan Klein joins Bloomberg to explain why accelerating AWS growth, rising demand for Amazon’s custom AI chips and improving AI monetization across the business have strengthened the investment case, and why he believes Amazon remains one of the biggest winners in the AI infrastructure race. He speaks with Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on…
X:
Facebook:
Instagram:
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
Listen to the daily Bloomberg Technology podcast here:
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:
@aaeen-e-nau
July 31, 2026 at 6:54 pm
We were charged $80 for a serverless AI KB RAG, which was just lying around and had no traffic at all. The setup pages didn’t mention explicitly about idle charges for serverless. Is this how AWS earns?
@ssuwandi3240
August 1, 2026 at 7:18 pm
Yeah because you pay the fixed cost of direct labor and compute overhead. Unlike the variable in traditional accounting
@JasonTheOneAndOnly
July 31, 2026 at 7:43 pm
No, it isn’t, they are hiding so much debt, like all the big tech giant’s currently, their core business is what allows them to continue, not AI.
@mjo1337
August 1, 2026 at 7:32 am
Ok boomer
@Realistafinanciero
August 2, 2026 at 6:40 pm
😂😂😂😂
@FRIENDZONE_MILLIONAIRE
July 31, 2026 at 7:56 pm
This “cup half full” narrative is hilarious.
@118Columbus
July 31, 2026 at 11:31 pm
Like… for sure
@linkbrockman1010
August 1, 2026 at 7:01 am
This was screaming and cloud storage….not AI that companies are using…why do they always say it’s ai… rediculous… there’s no money being made from AI..no business integration..the small amount of companies even using ai are not seeing a return on investment or efficiency that’s even measurable…..this guy couldn’t name one business that has inigrated Ai and made money
@alquinn8576
August 1, 2026 at 10:29 am
Sol and Fable haven’t been out long enough for us to see the impact of the latest models
@RequiemMask31
August 1, 2026 at 2:27 pm
Finance bros have been rugged by nerds and it’s hilarious. It’s all coming down in 2027.
@Johnny-JH
August 1, 2026 at 6:10 pm
Amazon, OR Meta did NOT say, what in AI helped the Ad revenue? This is a bogus statement. AI did not help anything. The Ad business was growing anyway. How AI helped the Ads? It is right there, but Joseph just can’t see it, or understand it, because he doesn’t want to, because he is invested in META and has bought it. I think we should think objectively, and not subjectively. Meta or any other company in the world, has not yet quantified, what AI did to contribute to their revenues. They all say “Ai is paying off” , “AI is helping this or that”… but what? What AI is doing, and how is it helping? What AI contribute to ever, just at its own?
@mikep8270
August 2, 2026 at 1:52 pm
This guy always sounds like a tosser high on his own over inflated sense of intelligence