financetom
Business
financetom
/
Business
/
Amazon to invest $20 billion in Pennsylvania to expand cloud infrastructure
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon to invest $20 billion in Pennsylvania to expand cloud infrastructure
Jun 9, 2025 8:01 AM

(Reuters) -Amazon.com said on Monday it plans to invest at least $20 billion in Pennsylvania to expand data center infrastructure, adding on to the billions of dollars the technology giant has committed to the expansion of AI technology.

The investment will create 1,250 high-skilled jobs and support thousands more in the Amazon Web Services data center supply chain, the company said.

Salem Township and Falls Township are the first communities identified as sites for future campuses, according to the company.

Amazon ( AMZN ) did not specify a timeframe for its investment.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Anil D'Silva and Maju Samuel)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Amazon could face probe over treatment of UK grocery suppliers, watchdog says
Amazon could face probe over treatment of UK grocery suppliers, watchdog says
Jul 11, 2024
* Amazon ( AMZN ) fares poorly on supplier survey, says industry regulator * Amazon ( AMZN ) told to take 'swift action' to comply with industry code * Regulator says won't hesitate to launch formal investigation * Amazon ( AMZN ) says disappointed, pledges improvement By James Davey LONDON, July 11 (Reuters) - Britain's grocery regulator on Thursday threatened...
Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production
Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production
Jul 11, 2024
WASHINGTON (Reuters) - The Biden administration plans to award General Motors ( GM ) and Chrysler-parent Stellantis ( STLA ) nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components, it said on Thursday. The Department of Energy (DOE) announced $1.7 billion in planned grants to help fund the conversion of 11 at risk plants...
Update: Market Chatter: Goodyear in Talks With Yokohama to Sell Off-the-Road Business
Update: Market Chatter: Goodyear in Talks With Yokohama to Sell Off-the-Road Business
Jul 11, 2024
05:09 AM EDT, 07/11/2024 (MT Newswires) -- (Updates with response from Yokohama in the second paragraph.) The Goodyear Tire & Rubber Company ( GT ) is considering selling its Off-the-Road tire business to Yokohama Rubber for at least $1 billion, Bloomberg reported, citing people familiar with the matter. In an email to MT Newswires, Japan's Yokohama Rubber said it is...
SoundHound AI Voice Assistant Goes Live in European Auto Brands; Shares Extend Gains Premarket
SoundHound AI Voice Assistant Goes Live in European Auto Brands; Shares Extend Gains Premarket
Jul 11, 2024
04:42 AM EDT, 07/11/2024 (MT Newswires) -- SoundHound AI ( SOUN ) said Wednesday its SoundHound Chat AI voice assistant with integrated ChatGPT is in production in Peugeot, Opel and Vauxhall vehicle brands across 11 European markets. The markets include Austria, France, Germany, Italy, Spain and the UK. By the end of July, the company expects the rollout to extend...
Copyright 2023-2026 - www.financetom.com All Rights Reserved