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Amazon beefing up Lab 126, plans to spend $55M in Silicon Valley

2014-09-24 20:01:14| IT Services - Topix.net

Amazon.com CEO Jeff Bezos is promising to beef up its Lab 126 hardware R&D unit in Silicon Valley in return for tax breaks from the state. Amazon plans to spend $55 million and grow its work force in its Sunnyvale and Cupertino hardware labs by about 700 employees in the next five years.

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