Amazon plans to spend $10 billion on new data centers in North Carolina to expand its artificial intelligence infrastructure, creating 500 jobs in the state. The company aims to power AI tasks, keeping pace with rivals like Microsoft and Google. With $100 billion in capital expenditures this year, most going to AI projects, Amazon is well-positioned to capitalize on the growth of generative AI. This investment supports Amazon’s future plans for advanced cloud infrastructure and compute power.
Source: https://www.cnbc.com/2025/06/04/amazon-data-centers-ai.html