Amazon to invest $20bn in cloud infrastructure
Amazon.com said recently it plans to invest at least $20 billion in Pennsylvania to expand data centre infrastructure, adding on to the billions of dollars the technology giant has committed to the expansion of artificial intelligence.
This underscores Big Tech's commitment to making hefty investments to support booming generative AI technology, as the world's biggest companies race each other to deliver the most sophisticated AI models and cloud services.
The investment in Pennsylvania comes less than a week after Amazon said it will invest $10 billion in North Carolina and announced plans to invest more than $5 billion in its new cloud infrastructure in Taiwan.
The investment will create 1,250 high-skilled jobs and support thousands more in the Amazon Web Services data centre supply chain, the company said. Salem Township and Falls Township are the first communities identified as sites for future campuses, according to the company.
Amazon's capital expenditures totalled about $25 billion in the first quarter, and the company has said it expects to maintain that level of spending for the rest of the year.
Amazon did not immediately respond to a request for additional details on whether the $20 billion investment was part of the previously announced capital expenditure plans. The company also did not specify a timeframe for its investment.
Source: Reuters
Image Credit: Amazon
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