WASHINGTON, March 2 (Reuters) - Amazon unit Amazon Data Services is acquiring George Washington University's Virginia Science and Technology campus for $427 million, the university said on Monday, part of a rapid expansion of infrastructure to support artificial intelligence.
The campus student newspaper said the deed authorizes Amazon to build a data or information technology center on the site in Ashburn, Virginia.
Amazon did not immediately comment.
The company said in 2023 it planned to invest $35 billion by 2040 to expand data centers in Virginia, adding to $35 billion it had spent on data centers in northern Virginia over the 10 years to 2020.
Tech firms' outlays have skyrocketed as they work to meet....
