The cloud leader is continuing to pour billions into expanding its data center footprint by announcing a new $10 billion investment in Ohio.
Amazon Web Services is continuing to pour billions into expanding its data center footprint, which powers its cloud and AI solutions by unveiling today a new $10 billion investment in Ohio.
“Today, we reaffirm our long-term commitment to Ohio with plans to invest an additional $10 billion to expand our data center infrastructure in greater Ohio to drive innovation in AI for customers,” said Roger Wehner, vice president of economic development at AWS, in a statement.
The $110 billion Seatle-based cloud company will build new data centers in various communities across the greater Ohio region. No exact locations yet have been identified as AWS is still reviewing sites.
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AWS’ new $10 billion investment will go toward growing its data center infrastructure over the next six years to support its AWS cloud regions and AWS availability zones.
Data centers house massive amounts of IT hardware including storage systems, networking devices, servers and much more that power the digital world.
“Since 2015, AWS has invested more than $10.3 billion in the state and currently supports more than 4,760 jobs annually. This expanded investment is expected to create new, well-paying jobs, boost Ohio’s GDP, and further cement our partnership with the state,” said AWS’ Wehner.
AWS’ new investment builds on the company’s previous $7.8 billion investment plan in Ohio announced in 2023.
AWS said by 2030, the company will have invested a total of more than $23 billion in Ohio.
AWS Is The World’s Largest Cloud Company
AWS continues to dominate the global cloud infrastructure services market by owning a 31 percent share of the market, according to data from IT research firm Synergy Research.
AWS achieved 31 percent share of that market, followed by Microsoft at 20 percent and Google Cloud at 13 percent. All three cloud giants—Google, Amazon and Microsoft—are investing billions each year in IT infrastructure to enable their AI product portfolios.
In its most recent third quarter 2024, AWS reported $27.5 billion in total sales, representing a growth rate of 19 percent year over year.
AWS is the most profitable business unit inside its $159 billion parent company Amazon with AWS’ operating income for Q3 2024 reaching $10.4 billion, up 48 percent year over year.
