- Amazon invests $20B in Pennsylvania for two AI-focused data centers.
- Training programs with local schools to support cloud computing jobs.
- Bitcoin miners shift to AI, potentially adding $13.9B in profits by 2027.
Amazon Drops $20B on Pennsylvania AI Push
Amazon’s betting big on AI, announcing a $20 billion plan to build two new data centers in Pennsylvania. They haven’t picked the exact spots yet, but Salem Township and Falls Township are in the running, with other areas also being looked at, per a June 9 statement. This is part of a bigger trend where tech companies are racing to beef up their AI game.
On top of the data centers, Amazon’s teaming up with local schools and workforce groups in Pennsylvania to roll out training programs. These will cover things like data center tech skills, fiber optic workshops, and STEM programs for kids in K-12.
The goal is to create job opportunities in cloud computing and help keep the US ahead in the global AI race by building the tech backbone for next gen AI.
AI Efforts Heat Up Across Tech
Amazon’s not alone in this. Just days earlier on June 4, they committed $10 billion to expand AI and cloud computing data centers in North Carolina.
Other big players are jumping in too. Meta’s working on AI tech for the US military, Microsoft’s setting up AI centers in Abu Dhabi, and Nvidia’s boss is all in on agentic AI. Everyone’s trying to stay ahead in the AI boom.
Even Bitcoin mining companies are getting in on the action. Firms like Riot Platforms, Hive Digital, Hut 8, and Iris Energy are shifting some of their operations to power AI computing. TeraWulf sold off a $92 million Bitcoin mining stake in October to focus on AI data centers.
A VanEck report says if these miners put 20% of their energy into AI by 2027, they could rake in an extra $13.9 billion in profits over 13 year.