Amazon crosses the $3 trillion market cap milestone for the first time, driven by AWS cloud growth and accelerating artificial intelligence

Amazon CEO Andy Jassy says AWS could eventually become a $1 trillion annual revenue business as AI accelerates cloud demand and long-term growth.

Amazon.com shares are trading higher Monday as optimism builds around AWS-driven AI spending and a long-term cloud growth potential.

Amazon achieved a three trillion dollar market capitalisation for the first time. This milestone places the company among Wall Street's top giants. Renewed artificial…