[Jack]

AMAZON IS ADDING TO ITS MAJOR TECHNOLOGY HUB INVESTMENT IN THE MIDWEST … HELPING SHAPE THE FUTURE OF ARTIFICIAL INTELLIGENCE. 

THE COMPANY IS SET TO PUT 10 *BILLION* MORE DOLLARS INTO OHIO OVER THE NEXT FIVE YEARS EXPANDING ITS AMAZON WEB SERVICE DATA CENTERS … HOUSING EQUIPMENT FOR POWERING A-I, MACHINE LEARNING AND OTHER CLOUD COMPUTING TECHNOLOGIES. 

DATA CENTERS ARE THE POWER BEHIND EVERY DAY TASKS LIKE PROMPTING CHAT G-P-T, STREAMING MOVIES AND PERFORMING GOOGLE SEARCHES.  

THE LATEST INVESTMENT IS ON TOP OF AMAZON’S 7-POINT-8 BILLION DOLLAR PLAN ANNOUNCED LAST YEAR AND MORE THAN 6 BILLION ALREADY SPENT IN OHIO.

STATE OFFICIALS SAY THE INVESTMENT IS EXPECTED TO BRING HUNDREDS OF JOBS THROUGH THE END OF 20-30.

AMAZON HAS ALREADY CONTRIBUTED AROUND 3-POINT-8 BILLION TO THE STATE’S GROSS DOMESTIC PRODUCT SUPPORTING MORE THAN 47-HUNDRED JOBS A YEAR … CREATING DEMAND FOR WORKERS IN TELECOMMUNICATIONS, SOFTWARE DEVELOPMENT AND POWER GENERATION.

WHILE THE COMPANY CURRENTLY HAS SEVEN DATA CENTERS IN CENTRAL OHIO … IT’S NOT CLEAR YET HOW MANY MORE THEY’LL BE BUILDING – BUT AMAZON PLANS TO EXPAND INTO OTHER PARTS OF THE STATE WITH OHIO GOVERNOR MIKE DEWINE SAYING 

“AS RELIANCE ON DIGITAL SERVICES CONTINUES TO GROW, SO DOES THE IMPORTANCE OF DATA CENTERS; THEY ARE CRITICAL TO TODAY’S MODERN ECONOMY.” 

THE WHITE HOUSE EVEN CREATED A TASK FORCE ON A-I DATA CENTER INFRASTRUCTURE THIS YEAR TO DISCUSS STRATEGIES FOR HOW TO BEST CONTRIBUTE TO THE FUTURE OF A-I … AS THE GLOBAL DEMAND FOR DATA CENTERS IS EXPECTED TO GROW AT A RATE OF AS MUCH AS 22 PERCENT PER YEAR .. IN THE NEXT 6 YEARS … ACCORDING TO THE CONSULTANT FIRM MCKINSEY AND COMPANY. 

THERE ARE CURRENTLY MORE THAN 25-HUNDRED DATA CENTERS IN THE UNITED STATES WITH AMAZON WEB SERVICES HOLDING A 31 PERCENT MARKET SHARE OF ONLINE COMPUTING RESOURCES… MORE THAN MICROSOFT, GOOGLE, AND I-B-M COMBINED. 

FOR SAN – I’M JACK AYLMER.

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