Amazon announced an investment of $50 billion to expand AI and supercomputing for the U.S. government! Bitcoin rebounded and broke through $88,000, and cryptocurrency concept stocks rose together.

Tech giant Amazon announced that it will invest up to $50 billion specifically to expand Amazon Web Services (AWS) AI and supercomputing infrastructure for U.S. government agencies. This favorable information has stimulated a rise in cryptocurrency concept stocks. (Background: The other side of the U.S. AI boom: Working for Chinese Bitcoin miners) (Additional background: Bitcoin becomes the battlefield: The silent war between the White House and JPMorgan) Tech giant Amazon officially announced on November 24 that it will invest up to $50 billion specifically to expand Amazon Web Services (AWS) AI and supercomputing infrastructure for U.S. government agencies. This massive plan is expected to be implemented gradually starting in 2026, aiming to provide approximately 1.3 gigawatts of AI and supercomputing capacity to the federal government in the coming years, primarily through the construction and expansion of data centers. Details of the $50 billion investment plan This funding will focus on highly secure isolated areas such as AWS Top Secret, Secret, and GovCloud (US), allowing over 11,000 U.S. government agencies to directly use the most advanced AI tools, including Amazon SageMaker, Amazon Bedrock, Anthropic Claude models, as well as AWS's self-developed Trainium AI chips and NVIDIA's latest generation GPUs. Many computing tasks that originally took months or even years, ranging from drug development to climate simulation and defense intelligence analysis, are expected to be shortened to just a few hours. In this regard, AWS CEO Matt Garman emphasized: “This investment will fundamentally change the way federal agencies use supercomputing, while removing long-standing technological and security barriers, ensuring that the U.S. maintains its global leadership in the age of artificial intelligence.” Cryptocurrency concept stocks rise Market reaction is enthusiastic. CoinDesk analysis pointed out that after the announcement of Amazon's investment plan, U.S. stocks quickly rose during intraday trading, with the Nasdaq index at one point up over 2.3% and the S&P 500 index rising 1.4%. At the same time, this wave of “risk appetite” sentiment quickly transmitted to the cryptocurrency market, with both Bitcoin and Ethereum experiencing rebounds. CoinDesk specifically noted that the biggest beneficiaries of this news are the Bitcoin mining companies that have successfully transformed into AI data center providers. These mining companies have a large amount of power and infrastructure, perfectly matching the huge demand for high-performance computing (HPC) required for AI training. For example, Cipher Mining (CIFR) once surged by 18%, CleanSpark (CLSK) and IREN (IREN) also rose over 10%; other crypto-related concept stocks such as Coinbase (COIN), Galaxy Digital (GLXY), and Bullish (BLSH) also rose by 4%-5%. Related reports Amazon founder Jeff Bezos's new AI company “Project Prometheus,” Musk retorts: Copy Cat Learning Expert Bitcoin long wick candle 105,000" 100% win rate whale myth shattered, loss of $18 million, Amazon collaborates with OpenAI stock price hits new high MicroStrategy Bitcoin scale “nearly rivaling Amazon's cash” level, dollar devaluation mindset enters corporate operations <Amazon announces $50 billion investment to expand U.S. government AI and supercomputing! Bitcoin rebounds above $88,000, crypto concept stocks rise together> This article was first published in BlockTempo, the most influential blockchain news media.