Amazon
AMZNQ3 2022(AMZN Q2 FY2022)Stated1.1% AI
AI Revenue %
1.1%
AI Fair Value
$18.3B
AI Revenue (Q)
$1.3B
Total Revenue (Q)
$121.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
AWS Q3 2022 revenue was $20,538M out of total $127,101M (16.2% of revenue). AI/ML services within AWS remained a small fraction in mid-2022, prior to the generative AI boom. Estimating ~7% of AWS is AI/ML-specific. Math: $20,538M × 0.07 = $1,438M AI revenue / $127,101M total = 1.1%.
Analyzed by claude-opus-4-6
Quoted Figures
AWS Net sales $20,538 [Three Months Ended September 30, 2022]
10-Q 2022-09-30, Segment Information
The AWS segment consists of amounts earned from global sales of compute, storage, database, and other services
10-Q 2022-09-30, Note 8
AI Products Identified (Ring 1)
Amazon SageMakerML instancesAmazon RekognitionAmazon Comprehend
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
EC2 computeS3 storageRDSLambdaCloudFront
Confidence Tier
StatedAI figures cited by management on earnings calls