00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Amazon Web Services said Friday it will invest more than $1 billion over the next five years
00:07in U.S. communities where it operates data centers, according to Reuters. The spending
00:11will support education, job training, energy affordability, water and energy preservation,
00:16and other local priorities. Data centers have faced opposition over electricity demand,
00:21utility costs, and other local impacts, with more than 100 moratoriums under consideration
00:25nationwide. Amazon said it invested $276 billion in data centers between 2011 and 2025 and has
00:33projects or expansions underway in several states. AWS also pledged to become water positive across
00:38its data centers by 2030 and said it is 75% of the way toward that goal. For all things
00:43money,
00:44visit Benzinga.com.
