Amazon to invest $10 billion in North Carolina data centers in AI push

Amazon to invest  billion in North Carolina data centers in AI push


A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, on March 27, 2024.

Nathan Howard | Bloomberg | Getty Images

Amazon plans to spend $10 billion on new data centers in North Carolina to expand its artificial intelligence infrastructure, the company said Wednesday.

Amazon has earmarked up to $100 billion this year on capital expenditures, with the lion’s share going to AI-related projects. Like other major tech companies, Amazon is racing to build out its capacity to power AI tasks in order to keep pace with rivals including Microsoft, Google and OpenAI.

Amazon CEO Andy Jassy has called generative AI a “once-in-a-lifetime type of business opportunity.”

The investment in North Carolina will create 500 jobs in the state, Amazon said.

Read more CNBC Amazon coverage

“Generative AI is driving increased demand for advanced cloud infrastructure and compute power, and our investment will support the future of AI from AWS data centers in the Tar Heel State,” the company wrote in a blog post.

This is breaking news. Please refresh for updates.



Source

CNBC Daily Open: Everyone’s watching the Netflix deal
Technology

CNBC Daily Open: Everyone’s watching the Netflix deal

The Netflix logo is pictured at the company’s offices on Vine in Los Angeles, California on Dec. 5, 2025. Patrick T. Fallon | AFP | Getty Images “Who’s watching?” Netflix asks whenever someone accesses its site. On Friday, it was probably everyone with an interest in business, markets and television. The key characters that had […]

Read More
Married millennials, here comes the crypto divorce cliff
Technology

Married millennials, here comes the crypto divorce cliff

Fizkes | Istock | Getty Images Divorce always raises thorny questions of how to divide marital property. In most cases, the remedy is pretty straightforward, requiring a surgical split between the two parties’ assets — although you can’t do that with the family dog or aquarium. But if you thought deciding who gets the dog […]

Read More
‘Terrifying’: Why U.S. senator in top intel post wants more spying on Chinese companies
Technology

‘Terrifying’: Why U.S. senator in top intel post wants more spying on Chinese companies

Go back a decade and most Americans had never heard of Huawei. Today, the Chinese telecom giant is a symbol of how quickly China can dominate a strategic technology sector and in the process create new national security and market threats for U.S. government and industry. Democratic Senator Mark Warner of Virginia, the top Democrat […]

Read More