Amazon, AMZN, to invest $10 billion in North Carolina to expand cloud, AI infrastructure

Amazon (NASDAQ:AMZN) has announced a $10 billion investment to expand its AWS data center operations in North Carolina, highlighting the tech giant’s deepening focus on artificial intelligence infrastructure.

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The major expansion project will bring approximately 500 high-skilled supply-chain jobs to Richmond County, located between Charlotte and Fayetteville. Governor Josh Stein described it as one of the most significant economic investments in North Carolina’s history.

David Zapolsky, Amazon’s Chief Global Affairs Officer, said the initiative will establish North Carolina as a key technology hub, foster innovation in cloud computing and AI, and promote partnerships with local universities to support workforce training and development.

The move comes amid a surge in hyperscale data center growth—now totaling 1,136 globally, more than double since 2019—according to Synergy Research Group. Amazon, Microsoft (NASDAQ:MSFT), and Google (NASDAQ:GOOG) continue to lead in global capacity. Synergy’s John Dinsdale noted that while data centers were already expanding in size, the recent wave of AI demand has dramatically accelerated growth, with 130–140 large-scale facilities added each year.

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With the U.S. accounting for 54% of global data center capacity—compared to 16% in China and 15% in Europe—Amazon’s investment further strengthens its AI-driven momentum and aligns with similar infrastructure commitments by other “Magnificent 7” tech giants betting on long-term growth.

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