Amazon strengthens its relationship with the Trump administration. The North American giant of electronic commerce and services cloud announced Monday that it will invest up to $50 billion (nearly €43.4 billion) to expand its ability to provide artificial intelligence (AI) infrastructure and high-performance computing services to US government agencies.
Investors welcomed the announcement. Amazon shares rise by around 2%, after the punishment of recent days.
As part of ongoing projects, its Amazon Web Services business unit plans to begin construction next year on about 1.3 gigawatts of additional capacity in data centers designed for federal agencies, the company reported in a posting on its company blog. One gigawatt of computing power is approximately enough to power about 750,000 homes on average.
The division of cloudone of the world’s largest suppliers of computer leasing, offers US government customers a variety of services, from dedicated facilities designed to meet stringent security standards, covering issues such as data management, commercial project isolation and employee nationality.
Additionally, AWS will offer agencies Amazon’s family of AI tools, one from its close partner Anthropic, and chips from both Nvidia and Amazon’s in-house chip manufacturing division.
Overall, AWS supports more than 11,000 government agencies, the company announced Monday. The company provides services from more than 900 data centers.
Amazon has located the activities of cloud and artificial intelligence at the heart of its strategy. Furthermore, a market in which the main technological companies in the United States are entering. The company founded by Jeff Bezos closed a $15 billion debt issue last week, with the help of Morgan Stanley, Goldman Sachs and JP Morgan, to raise resources with which to finance the expansion of new infrastructure. Santander and BBVA also participated in the operation.
The company has indicated that the resources raised will be used for general corporate purposes, such as debt payments, acquisitions, new investments and share repurchases, in the latter case the main means of shareholder remuneration.
