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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
TechCloud Computing

It’s official: Ohio will get Amazon data center

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Barb Darrow
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May 29, 2015, 2:19 PM ET
Marco Rubio And John Kasich Speak At National Review Institute 2015 Ideas Summit
John Kasich, Republican governor of Ohio, speaks during a conversation at the National Review Institute 2015 Ideas Summit in Washington, D.C., U.S., on Friday, May 1, 2015. Kasich, who's considering a run for president, said today he's in talks with Steve Forbes about a flat tax proposal. Photographer: Andrew Harrer/Bloomberg via Getty ImagesPhotograph by Andrew Harrer — Bloomberg via Getty Images
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It’s true: Amazon will build a new cloud facilities in Ohio, according to a statement released Friday

The deal, which also includes fulfillment centers for Amazon’s (AMZN) retail business, promises to bring 1,000 jobs to the state “over the next few years,” according to the statement.

Paul Misener, VP of global public policy for Seattle-based Amazon.com, said Ohio’s work force was a key draw, and credited Ohio Governor John Kasich for pushing the deal, according to Geekwire.

Last summer, Ohio approved state tax credits of more than $81 million to help persuade Amazon to build the facilities in the state.

To support its massive cloud infrastructure, which is used by customers around the world to crunch numbers and store data, Amazon Web Services hosts huge data center farms in Oregon, Northern California and suburban Washington D.C. as well as other sites in South America, Europe and Asia.

The jury is out on how many long-term jobs are created via data center construction as most of these facilities, once online, are very highly automated. But that hasn’t topped states including Ohio, Iowa, North Carolina and others from offering huge tax incentives to win that business.

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