financetom
Technology
financetom
/
Technology
/
Amazon to invest $15 billion in Indiana to boost data center infrastructure
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon to invest $15 billion in Indiana to boost data center infrastructure
Nov 24, 2025 12:52 PM

Nov 24 (Reuters) - Amazon.com ( AMZN ) is planning to

invest about $15 billion in Northern Indiana to build data

center campuses, the tech giant said as it looks to boost its

cloud computing capacity to support booming artificial

intelligence demand.

The new data center project, which comes on top of an $11

billion outlay announced last year, will add 2.4 gigawatts of

capacity in the region, Amazon ( AMZN ) said on Monday. It is also

expected to create 1,100 jobs.

The e-commerce behemoth, which is also the largest cloud

services provider in the world, has invested more than $31.3

billion in Indiana since 2010.

Tech companies like Alphabet, Microsoft ( MSFT )

and Meta are spending billions of dollars to develop AI

infrastructure, even though the returns from the investments

have been low.

Earlier in the day, Amazon ( AMZN ) also announced plans to invest up

to $50 billion to expand AI and supercomputing capabilities for

U.S. government customers of its cloud unit, Amazon Web

Services.

Amazon ( AMZN ) did not immediately respond to a Reuters request for

comment on whether the two announcements had any overlap.

For the Indiana project, Amazon ( AMZN ) has struck an agreement with

NIPSCO, one of Indiana's top natural gas and electric companies,

for the project.

The company has agreed to pay fees to use existing power and

cover the costs for any new power needs for the data center

project, without additional costs for local residents and

businesses.

(Reporting by Deborah Sophia in Bengaluru; Editing by Arun

Koyyur)

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 >
Assessing CommVault Systems: Insights From 5 Financial Analysts
Assessing CommVault Systems: Insights From 5 Financial Analysts
Jan 29, 2025
Ratings for CommVault Systems ( CVLT ) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Trump officials discussing tightening curbs on Nvidia's China sales, Bloomberg reports
Trump officials discussing tightening curbs on Nvidia's China sales, Bloomberg reports
Jan 29, 2025
(Reuters) - U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's ( NVDA ) sales of its H20 chips designed for the China market, Bloomberg News reported on Wednesday. Conversations to restrict shipments of those chips to China are in very early stages, according to the report. H20 chips can be used to develop and...
P/E Ratio Insights for Hewlett Packard
P/E Ratio Insights for Hewlett Packard
Jan 29, 2025
In the current session, the stock is trading at $22.14, after a 3.15% increase. Over the past month, Hewlett Packard Inc. stock increased by 3.10%, and in the past year, by 44.11%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. Evaluating...
Trump officials discussing tightening curbs on Nvidia's China sales, Bloomberg reports
Trump officials discussing tightening curbs on Nvidia's China sales, Bloomberg reports
Jan 29, 2025
Jan 29 (Reuters) - U.S. President Donald Trump's administration is considering tightening restrictions on AI leader Nvidia's ( NVDA ) sales of its H20 chips designed for the China market, Bloomberg News reported on Wednesday. ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved