Amazon Commits $150 Billion to Data Center Expansion for AI Surge

The tech giant's massive investment aims to bolster its cloud services and meet the growing demand for artificial intelligence applications.

Amazon plans to invest nearly $150 billion over the next 15 years in data centers to support the anticipated demand for AI applications.
The investment will help Amazon maintain its leading position in the cloud services market, where it currently holds twice the market share of its closest competitor, Microsoft.
AWS's expansion includes building new data centers in locations such as Mississippi, Saudi Arabia, and Malaysia, and expanding existing ones in Virginia and Oregon.
The expansion is part of Amazon's strategy to secure land and electricity for its energy-intensive operations and get closer to customers.
Amazon's investment also aims to support its growth in artificial intelligence, including developing proprietary tools to compete with OpenAI's ChatGPT.