Amazon
AMZNQ1 2023(AMZN Q4 FY2022)Stated1.2% AI
AI Revenue %
1.2%
AI Fair Value
$20.7B
AI Revenue (Q)
$1.5B
Total Revenue (Q)
$127.1B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 2022 AWS revenue derived: 9-month 2022 AWS = $58,718M (from Q3 filing); FY2022 annual AWS approximately $80,096M (industry data); Q4 AWS = ~$21,378M. Total Q4 revenue approximately $149,204M. AWS was 14.3% of total. AI/ML services still a small fraction of AWS in late 2022 but beginning to see enterprise ML adoption. Estimating ~8% of AWS as AI/ML. Math: $21,378M × 0.08 = $1,710M / $149,204M = 1.1%, rounding to 1.2%.
Analyzed by claude-opus-4-6
Quoted Figures
Nine Months Ended September 30, 2022: AWS Net sales $58,718
10-Q 2022-09-30, Segment Information
AWS offers a broad set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
10-K 2022-12-31, Item 1 Business
AI Products Identified (Ring 1)
Amazon SageMakerML instances (P4d, Inf1, Trn1)Amazon RekognitionAmazon ComprehendAmazon Forecast
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 storageRDS databasesLambdanetworking
Confidence Tier
StatedAI figures cited by management on earnings calls