share_log

Governor DeWine Announces $10B Investment Plan From Amazon Web Services In Greater Ohio; AWS Has Announced Plans To Invest More Than $23B From 2015-2030 Toward Expansion In Ohio

Benzinga ·  09:45

Ohio Governor Mike DeWine, Lt. Governor Jon Husted, the Ohio Department of Development, and JobsOhio announced today that Amazon Web Services (AWS) plans to invest an estimated $10 billion in additional funding to expand its data center infrastructure across greater Ohio, creating hundreds of new, well-paying jobs by the end of 2030 and strengthening the state's role as a major technology hub.

The new data centers will contain computer servers, data storage drives, networking equipment, and other forms of technology infrastructure used to power cloud computing, including artificial intelligence (AI) and machine learning.

The new investment builds on the $7.8 billion investment plan announced by AWS last year, which was in addition to the more than $6 billion already invested through 2022, bringing the company's announced planned investment in Ohio since 2015 to more than $23 billion by the end of 2030. This represents the second-largest planned investment by a single private sector company in the state's history.

AWS plans to expand its data centers outside of Central Ohio in additional communities across the state. The company has not finalized the locations for investment and will continue to evaluate all potential sites. Investment plans are contingent upon the execution of long-term energy service agreements.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment