AWS cloud capacity sold out through 2027, Amazon CEO Jassy says

Capacity sold out years ahead is a demand signal, not a supply guarantee — it tells you AI compute hunger is outpacing even the largest provider's buildout, which shifts leverage toward whoever controls power, land and chips. The constraint lands hardest on smaller AI labs and enterprises that can't pre-book years out, potentially widening the gap between well-capitalized buyers and everyone else. Whether sold-out capacity translates into pricing power or simply into a backlog that rivals can poach is the open question worth watching.