CNBC's MacKenzie Sigalos reports on news regarding Amazon investing $15 billion into a northern Indiana data center campus.

The release of Open AI's ChatGPT has accelerated the development of artificial intelligence and warnings about its impact on society.

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Amazon has revealed plans to invest $15 billion in a new AI data center campus in Northern Indiana. The facility will add 2.4 gigawatts of capacity, enough to power 1.8 million homes, and will serve multiple customers, though it is not directly linked to Amazon's recent OpenAI contract.

This investment builds on Amazon's ongoing expansion in Indiana, where it has invested over $31 billion since 2010. The project is supported by an agreement with local utility NIPSCO to finance new energy infrastructure without increasing resident rates, and comes alongside Amazon's separate $50 billion plan for AI and supercomputing infrastructure for the US government.

Amazon invests $15B into Northern Indiana data center campus

Breaking news right now, in fact, on Amazon. Mackenzie Segalos joins us now in what's been a very busy day of newsmaking for this company. What's this? Yes, it has been, Scott. Third announcement of the day, Amazon investing another $15 billion into Northern Indiana to build an AI data center campus. Now, this will serve multiple customers, and a source tells me it's not directly tied to that new open AI contract. But what we do know is that the project adds 2.4 gigawatts of capacity, enough to power 1.8 million homes, and it comes on top of that $11 billion anthropic campus already underway in the area. Since 2010, Amazon has invested more than $31 billion into the state. And a big piece of this is energy. Indiana is rapidly becoming an AI infrastructure hub thanks to an abundance of nuclear and coal power, plus generous local incentives, part of why you're seeing companies like GM and Samsung build plants just down the road from Amazon. For this new build-out, though, Amazon has struck an agreement with the local utility NIPSCO, where the company will finance new generation and transmission lines without raising rates for residents. And Scott, this is actually Amazon's second data center announcement of the day. The company also unveiled a $50 billion plan to build AI and supercomputing infrastructure for the US government.

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Amazon invests $15B into Northern Indiana data center campus

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