Amazon's cloud arm is going all-in on capacity expansion—they're planning to double their infrastructure by 2027, which means they've already doubled it since 2022. Word is they added at least 1 gigawatt in Q4 alone.

Here's where it gets interesting: historical data shows each additional gigawatt typically generates around $3 billion in revenue. If you run the math on their forward capacity buildout and factor in pricing dynamics, the growth trajectory looks pretty aggressive.

This kind of scaling isn't just about serving more enterprise clients—it's also fuel for AI workloads and Web3 infrastructure demands. The question is whether pricing power holds up as competition heats up in the cloud space.