Amazon acquires 8,000-acre site in Pecos, Texas, for natural gas powered behind-the-meter data center - report
If built, it could be the largest natural gas plant in US at 7.65GW
If built, it could be the largest natural gas plant in US at 7.65GW
Cloud sales boom as company ramps up data center buildout
Follows major bond sales earlier this year
Lenders include Citibank, BofA, and JPMorgan Chase, among others
Company buys site from Menlo Equities
Tenant likely Amazon, first phase due to launch later this year
Companies sign $15 million sale-leaseback deal
Could invest a further $20bn in the AI company
Comes as company plans major capex investments in data centers
After Amazon pumps $50bn into the AI company
ChatGPT maker soars to $730bn valuation, signs Amazon compute deal
Deal attracts $13 billion of orders
Spending push not a "quixotic top-line grab," CEO Jassy insists, as share price tumbles
Company is one of OpenAI's cloud providers, and an Anthropic investor
Would see OpenAI also using AWS' custom AI chips
As it spends billions on its data center buildout
Also has stakes in Astera and Marvell
In addition to existing AWS $5.3bn Saudi pledge
But the company is increasingly using Amazon Web Services
Company bringing down useful life of some AI servers down from six years to five
Investment will occur by 2030
Will invest in Virginia and Arizona with Natixis
Plans for $2bn data center surfaced at the end of last year
Part of the company’s commitment to invest more than $5 billion in country
Includes previously announced investments in the state
Also teams up with Anthropic and Palantir to provide AI to US Defense Agencies
AWS maintains top spot, Google and Microsoft follow
Q3 saw $27.5bn in sales, up 19.1 percent year over year