Amazon Web Services has announced plans to invest an estimated $11B to expand its infrastructure in Georgia to support cloud computing and AI technologies. This investment is expected to create at least 550 new high-skilled jobs. Generative AI is driving increased demand for advanced cloud infrastructure and compute power, and AWS’s investments will support the future of AI from data centers in Georgia.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Amazon and Meta: Wolfe Chooses the Best Internet Stocks to Buy
- After the Spin-Off, FedEx (FDX) Management Faces Significant Challenges
- Amazon’s AWS Boosts Thailand’s Digital Future with $5B Investment
- Intel accelerates innovation with ‘whole-vehicle approach’
- Amazon (AMZN) Will Invest $11 Billion to Boost AI Infrastructure