Amazon Is Investing $5 Billion to Build a Second American HQ
Jeff Bezos wants another office. Today, his e-commerce company announced that it plans to find a location for a second headquarters in North America. And wherever the so-called HQ2 happens to be built, it's going to make quite a splash, receiving over $5 billion in construction and operation investment and creating as many as 50,000 new jobs.
In a statement, Jeff Bezos said that he expects HQ2 to be "a full equal to [the] Seattle headquarters,” pictured above. But what isn't clear yet is where the new campus will be located. According to the Wall Street Journal, Amazon will consider "metropolitan areas with more than one million people that are within 45 minutes of an international airport and near a strong university system."
Expect city officials to be thrilled at the prospect of Amazon's choosing to set up shop in their town: the company claims to have generated $38 billion of indirect investment in Seattle between 2010 and 2016. The Journal says that Amazon expects to choose a location some time next year.
Keep Reading
Most Popular
Ethically sourced “spare” human bodies could revolutionize medicine
Human “bodyoids” could reduce animal testing, improve drug development, and alleviate organ shortages.
Everyone in AI is talking about Manus. We put it to the test.
The new general AI agent from China had some system crashes and server overload—but it’s highly intuitive and shows real promise for the future of AI helpers.
The foundations of America’s prosperity are being dismantled
Federal scientists warn that Americans could feel the effects of the new administration's devastating cuts for decades to come.
Anthropic can now track the bizarre inner workings of a large language model
What the firm found challenges some basic assumptions about how this technology really works.
Stay connected
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.