
A major technology company is set to invest $10 billion in North Carolina to build and expand its cloud and artificial intelligence infrastructure. This massive commitment will primarily focus on establishing state-of-the-art data centers across the state. The goal is to meet the increasing global demand for cloud computing services and support the rapid advancement of AI technologies. The investment is projected to span until 2040 and is expected to have a significant positive economic impact. Estimates indicate the creation of at least 1,000 new jobs, predominantly high-skilled technical roles, providing ample job opportunities for residents. Furthermore, the project is anticipated to generate substantial tax revenue for the state and local communities, bolstering economic development. This move solidifies North Carolina’s growing reputation as a prime location for technology investment and digital infrastructure. It represents a landmark development for the state’s technology sector and future digital growth.
Source: https://www.datacenterdynamics.com/en/news/amazon-to-invest-10bn-in-cloud-and-ai-infrastructure-in-north-carolina/