![]() The tech giant’s first quarter earnings report showed its cloud unit generated $21.4 billion and was growing at 16% in the first three months of this year, down from the 37% growth rate a year earlier. Once a reliable cash cow for Amazon, AWS has recently begun to feel pressure, as companies trim cloud computing expenses in the face of high inflation and fears of a recession. A chemical research clearinghouse headquartered in Columbus has long been a leader in big data storage and processing. The cloud computing company is now responsible for the second largest private sector investment in the state’s history, behind only the $20 billion chip plant announced by Intel last year. Facebook and Google also operate Ohio data centers.Īlso underway in the region are a $3.5 billion battery plant being built by Honda and LG Energy Solution of South Korea and a new $110 million Center for Software Innovation at Ohio State University. The administration said numerous locations are being considered as sites for the new data centers, in a selection to be announced later this year. The financial outlay “further cements Ohio as the heart of our nation’s technology and innovation,” the governor said in a statement.ĪWS launched its first data centers in the region in 2016 and currently operates campuses in two counties in central Ohio, home to the capital city of Columbus. Jon Husted, who leads the governor’s technology office. The new investments by Amazon Web Services, or AWS, were announced by Republican Gov. COLUMBUS, Ohio (AP) - Amazon’s profitable cloud business will invest roughly $7.8 billion by the end of 2029 to expand its data center operations in central Ohio, state leaders announced Monday, further advancing the state’s efforts to establish itself as the Midwest’s technology hub.
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