Amazon's AWS to invest $35 bln in Virginia

A logo for Amazon Web Services is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgrencloud services division said Friday it plans to invest another $35 billion by 2040 to expand data centers in Virginia.

Amazon Web Services said the new investment will create 1,000 jobs. Virginia Republican Governor Glenn Youngkin said AWS will establish multiple data center campuses across Virginia.it had invested $35 billion in data centers located in northern Virginia and had 3,500 full time employees at its data centers in the state.

Pending approval by state lawmakers, Virginia is developing a new "Mega Data Center Incentive Program," which would allow the company to receive up to a 15-year extension of Data Center Sales and Use tax exemptions on equipment and software. AWS also will be eligible to receive a state grant of up to $140 million "for site and infrastructure improvements, workforce development, and other project-related costs."

Amazon in 2018 after a long contest announced northern Virginia would be home to its second headquarters known as "HQ2" and eventually employ more than 25,000 employees. As of April, Amazon said its headcount assigned to the site was around 5,000.

FAFO365 🤣😆

You mean DC

lol who in their right mind would go work for them when they literally just fired thousands in this same division? These tech companies are about to learn the hard way the reality of the labor market.

Paid for by Eliminating the Smile Program? (Affecting hundreds of Needy Non Profits?)

Wow, is the only word for this at this juncture. “Wow and how,” my company?

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon launches $35 billion data center expansion in VirginiaIf approved by Virginia lawmakers, Amazon Web Services stands to receive $140 million in economic incentives from the state and up to 15 years of tax breaks for equipment and software. Reading between lines. Data centers require energy including cooling. Does this Virginia will do large energy infrastructure upgrades? Will DominionEnergy break ground on their approved new reactor 3 at Lake Anna? Will break ground on new offshore windfarms?
Source: postlocal - 🏆 327. / 59 Read more »

Get a $35 gift card when you buy a Nintendo Switch from DellA rare promotion on the portable Nintendo console We gather more deals like this every week in our Verge Deals newsletter. Sign up here: Say no to gift cards
Source: verge - 🏆 94. / 67 Read more »

$35 million in mansions: The 5 most expensive Indianapolis area homes sold in 2022Two are in Indy, one each in Carmel, Westfield and Zionsville. Businesswoman, philanthropist Christel DeHaan's home topped the list at $14.5 million.
Source: indystar - 🏆 434. / 53 Read more »

Fake Cannabis Billionaire Justin Costello Pleads Guilty in $35 Million Fraud, With Recommended Prison Term of 10 YearsCostello also agreed to pay victims of his frauds — which related to cannabis firms, a would-be bank, and stock pump-and-dumps — not less than $35 million in restitution.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Get $113 Worth of Hair Products for $35: Living Proof, Oribe, R+Co, Slip, dpHUE, Briogeo, and More - E! OnlineTreat your strands with a major discount on products from Virtue, dpHUE, Briogeo, Oribe, Slip, and more top brands.
Source: enews - 🏆 466. / 52 Read more »

Are you a 'motivated dater'? Dating app Hinge might be for you.A paid subscription will jump from $35 a month to $60 a month and offer users more exposure to potential dates. The UN have a subsidised version to facilitate hook ups with the girls at Davos? Offers more exposure to cons too for almost twice as much 😂
Source: CBSNews - 🏆 87. / 68 Read more »