Amazon and Microsoft are cutting deals with small towns to keep their data center empire growing
Crypto Briefing 2026-07-23 10:58:50
Context: Amazon and Microsoft are negotiating community benefit agreements with small towns to support the growth of their data center empires. These deals, worth billions, are reshaping energy access for artificial intelligence and cryptocurrency mining. The agreements are part of a larger effort to expand data center capabilities.
Key Facts
- Amazon and Microsoft are entering into community benefit agreements with small towns, securing deals worth billions of dollars to support the expansion of their data centers.
- These agreements are focused on reshaping energy access to support the growth of artificial intelligence and cryptocurrency mining, two industries that require significant computational resources.
- The deals are part of a broader strategy by Amazon and Microsoft to continue growing their data center empires, which are critical to their cloud computing and other business operations.