Whatnot Successfully Raises $265 Million in Funding, Valuation Approaching $5 Billion, Live Streaming Shopping Market Gets Hot Again

 Amazon is investing a whopping $11 billion in Georgia to grow its cloud and AI infrastructure.Amazon Web Services (AWS) recently shared the exciting news that it's going to invest at least $11 billion in Georgia. This investment is all about expanding its data center infrastructure to support the growth of cloud computing and artificial intelligence technologies. We're thrilled to share that this investment is expected to create approximately 550 high-paying jobs, further cementing Georgia's position as a popular region for data centers. According to the report, data center construction in the Atlanta market is set to grow 76% year-over-year by 2024, attracting aggressive investment from tech giants like Google and Microsoft.
Whatnot recently raised a whopping $265 million in funding, bringing its valuation to an impressive $5 billion. The live-streaming shopping market is on fire again!Whatnot, a live-streaming shopping platform, recently announced the completion of a round of funding of $265 million at a valuation of $4.97 billion. The round, co-led by investment firms Avra, DST Global and Greycroft, shows how confident investors are in Whatnot's ability to bring new ideas to the collectibles and niche goods space.Whatnot plans to use the new funding to expand its product categories, including art, golf and vinyl, and to launch new tools to help sellers manage inventory and orders. They're also planning to enter the Australian market next month and expand to the rest of Europe later this year.


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