Search This Blog

Tuesday, January 7, 2025

Amazon Plans to Invest at Least $11 Billion on Cloud, AI Infrastructure in Georgia

 Amazon plans to spend at least $11 billion to expand its cloud and artificial intelligence infrastructure in Georgia, as global tech companies boost their data-center footprints amid a boom in demand for AI computing.

Amazon Web Services, the U.S. tech giant's cloud-computing arm, said Tuesday the investment aims to meet the increased demand for advanced cloud infrastructure and compute power, driven by generative AI.

"AWS's investments will support the future of AI from data centers in Georgia," it said.

These include technical roles like data center engineers, network specialists, engineering operations managers and security specialists. It will also support thousands of local construction jobs and positions in the data center supply chain, AWS said.

Amazon has invested $18.5 billion in the southeastern state since 2010, according to the company.

Many top technology companies have been ramping up spending on the expensive chips, data centers and real estate needed to meet the anticipated demand for computing power from AI.

AWS is Amazon's most profitable unit and its third-quarter results showed the segment's net sales grew 11% from a year earlier to $15.33 billion. Amazon's capex jumped more than 80% to $22.62 billion during the quarter, its biggest-ever quarterly spend.

AWS separately on Tuesday announced the launch of its infrastructure cloud region in Thailand, developing data centers based on an earlier announced $5 billion investment in the country.

""We continue to see rapid cloud adoption across Asia Pacific," said Prasad Kalyanaraman, vice president of Infrastructure Services at AWS. "This new AWS Region in Thailand will help customers across all industries deploy advanced applications."

https://www.marketscreener.com/quote/stock/AMAZON-COM-INC-12864605/news/Amazon-Plans-to-Invest-at-Least-11-Billion-on-Cloud-AI-Infrastructure-in-Georgia-48701438/

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.