AWS reveals $10bn cloud and AI investment in Ohio, bringing hundreds of jobs

Date:
Wed, 18 Dec 2024 17:00:00 +0000

Description:
Amazon Web Services will have invested $23 billion in Ohio by 2030 following announcement of new $10 billion funding.

FULL STORY

Amazon Web Services (AWS) has confirmed plans to invest another $10 billion
in Ohio by the end of the decade as part of an ongoing spending spree to fuel its AI-related growth.

Together with the $7.8 billion AWS announced for Ohio earlier in 2024, and $6 billion invested in 2022, total AWS data center investment in the state is
set to reach more than $23 billion by 2030.

Overall Amazon investment since 2010 stands at $35 billion, as it aims to
meet the increasing demand for cloud computing , artificial intelligence and data centers.

AWS invests billions in Ohio

Roger Wehner, AWS VP of Economic Development, said the multi-billion dollar
sum will go into creating hundreds of new AWS jobs in technical roles like
data center engineers, network specialists, engineering operations managers
and security specialists. Locally, telecommunications, facilities maintenance and electricity generation roles are also set to benefit indirectly from increased AWS activity in the region.

Ohio Governor Mike DeWine commented: AWSs substantial investment in Ohio will help keep our state at the forefront of the global technology.

Amazon says that since 2010, it has contributed $31 billion to Ohios state
GDP, including 38,000 direct jobs and a further 72,000 indirect roles.

Ohio Lieutenant Governor Jon Husted added: These are significant investments from AWS that support Ohios growing reputation as the tech hub of the
Midwest.

The company also noted its commitment to matching its consumption with renewable energy generation, and its Ohio projects have proven instrumental
to this, including 23 wind and solar projects that will generate 2.9 gigawatt hours of electricity annually.

Wehner concluded: The cloud is powering innovation across all sectors of the modern economy. AWS is proud to expand our cornerstone investment beyond Central Ohio to help drive the next generation of cutting-edge technologies such as AI.

More broadly, the company has been on a spending spree to back its AI advancements, including an $11 billion injection into Indiana and $10 billion in Mississippi, all announced in 2024.

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Link to news story: https://www.techradar.com/pro/aws-reveals-usd10bn-cloud-and-ai-investment-in-o hio-bringing-hundreds-of-jobs

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