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Report: AWS CEO Says Agentic AI Could Be Company’s ‘Next Multibillion Business’ | PYMNTS.com

Mar 05, 2025 - pymnts.com
Amazon Web Services (AWS) has established a new group dedicated to agentic artificial intelligence (AI), which AWS CEO Matt Garman believes could become a multibillion-dollar business for the company. This initiative will be led by AWS executive Swami Sivasubramanian, who will report directly to Garman. The focus is on leveraging AI agents to drive innovation and enhance customer experiences, as highlighted by the capabilities of the new version of Amazon's voice assistant, Alexa+. Alexa+ is designed to handle complex tasks independently, integrating with user services like email and calendars, and operating without requiring active user engagement.

The move towards agentic AI is part of a broader trend in the AI industry, where AI agents are expected to rival and potentially replace human software engineers. Industry leaders like OpenAI's Sam Altman and Nvidia's Jensen Huang have noted the rapid advancements in AI, with AI agents poised to transform business applications. Huang emphasized that AI has become mainstream and will eventually be embedded across all industries, marking a significant shift from consumer-focused generative AI to business-oriented AI agents.

Key takeaways:

  • Amazon Web Services (AWS) has formed a new group focused on agentic artificial intelligence (AI), led by Swami Sivasubramanian and reporting to AWS CEO Matt Garman.
  • Agentic AI is seen as a potential multibillion-dollar business for AWS, with AI agents expected to drive the next wave of innovation.
  • The new version of Amazon's voice assistant, Alexa+, can handle complex tasks independently and securely, leveraging AWS's cloud infrastructure.
  • AI agents are anticipated to rival and potentially replace human software engineers, with significant advancements expected in AI capabilities.
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