Thiel Macro Bets Big on Amazon's AI-Driven Growth

Peter Thiel's investment company, Thiel Macro, recently added Amazon to its portfolio. As of Q2 2026, Amazon is the largest position in the portfolio, and it's a significant one - Amazon stock has increased by 560% over the past decade.

Amazon's earnings growth is expected to be between 12% and 16% annually through the end of the decade. However, the company's investments in artificial intelligence (AI) could unlock new revenue streams and improve productivity, leading to even higher earnings growth.

AWS, Amazon's cloud computing segment, reported a 37% increase in revenue in Q2, with triple-digit sales growth from AI workloads. This suggests that the company's investments in AI infrastructure are paying off.