Wednesday, November 20, 2024
HomeInvestmentAmazon's AWS to invest $10 billion for two data centers in Mississippi...

Amazon’s AWS to invest $10 billion for two data centers in Mississippi By Reuters


© Reuters. FILE PHOTO: A logo for Amazon Web Services (AWS) is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgren/File Photo

(Reuters) -Amazon.com’s AWS said on Thursday it plans to invest $10 billion to build two data center complexes in Mississippi, its latest capacity expansion amid growing demand for cloud services as more firms adopt new artificial intelligence technologies.

Businesses are doubling down on AI development and majority of that traffic is expected to be managed on the cloud infrastructure from Amazon (NASDAQ:) Web Services (AWS), Google (NASDAQ:) Cloud and Microsoft (NASDAQ:)’s Azure — the top three vendors globally.

AWS’ Mississippi expansion plan comes days after it announced a more than $15 billion investment in Japan, and Google’s move to set up a data center just outside of London for $1 billion.

In coordination with the Madison County Economic Development Authority (MCEDA), AWS will establish multiple data center units in two Madison County industrial parks, which is projected to create at least 1,000 new jobs in the state, Amazon said in a blog.

Amazon said it has invested $2.3 billion in the state since 2010 to build its infrastructure including five fulfillment and sortation centers.



This story originally appeared on Investing

RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments