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Live News EQUITY ARTICLE M impact

Amazon faces new AI-boom cost pressure as states review tax breaks

States are beginning to challenge tax benefits tied to big data-center projects, adding pressure to AI-related costs. Amazon is cited as encountering this issue amid the AI boom.

AMZN

com Inc. (AMZN, Financials), the e-commerce and cloud-computing group, is facing a fresh AI-boom cost issue as states begin challenging the tax breaks that helped make large data-center projects more affordable. More than a dozen states are revisiting or rolling back those incentives.