Amazon's AWS to invest $10 billion for two data centers in Mississippi
Technology
Businesses are doubling down on AI development
(Reuters) - Amazon.com's AWS (AMZN.O), opens new tab 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 Web Services (AWS), Google Cloud (GOOGL.O), opens new tab and Microsoft's Azure (MSFT.O), opens new tab — 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.
