Seattle, once a top US city for foreign investment, has plummeted to 13th place, sparking concern among tech leaders. This decline follows a new state tax on millionaires and a perceived anti-business climate.

Home city of Amazon and Microsoft passes moratorium as backlash against energy-guzzling AI infrastructure grows

Amazon engineers blasted their employer at a heated Seattle City Council hearing this week, accusing the tech giant of pouring billions into an AI-fueled data center boom while slashing tens of thousands of white-collar jobs.

Amazon surpassed $700 billion in revenue in 2025 with a 12% year-over-year jump.

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Amazon.com (NasdaqGS:AMZN) is facing internal labor tension as engineers protest heavy AI data center spending while layoffs continue. A recent Seattle moratorium on new large scale AI data centers adds local government pressure to Amazon's infrastructure plans.

Amazon CEO Andy Jassy, left, speaking with Seattle Mayor Bruce Harrell at an event in Seattle last year to announce new funding for affordable housing from Amazon. (Geekwire File Photo / Taylor Soper) Seattle Mayor Bruce Harrell is threading the needle ...