Amazon

Metro Council Approves Infrastructure Funding for Nashville Yards Development

The Metro Nashville Council recently voted to grant preliminary approval for $15.2 million earmarked towards road, sewer and other infrastructure needs around the Nashville Yards project which will be home to Amazon’s HQ2, The Tennessean reports. The move also approves participation, easement and license agreements between Metro and Uptown Property Holdings, the building group in charge of development. Council member Kathleen Murphy — one of only three detractors — denounced the city’s interest in the infrastructure plan, saying that it was just "another incentive" for Amazon and that the money would be better spent on other projects throughout the city. The council will make its final decision regarding the infrastructure reimbursement on Feb. 5.

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Amazon Announces Newly Developed Medical Record Mining Software

Amazon on Tuesday announced that it has launched a project to mine data from electronic medical records, allowing developers to “process unstructured medical text and identify information such as patient diagnosis, treatments, dosages, symptoms and signs, and more," CNBC reports. This is the latest move regarding Amazon’s foray into health care, after news in June that the company had been working on the ‘Hera’ project, developing software intended for insurance companies that can fill in gaps in data when doctors neglect to fully document an office visit. The company also confirmed another project in cooperation with the Fred Hutchinson Cancer Research Center to use newly developed tools to analyze its data sets in efforts to prevent or cure cancer.

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Tennessee Taxpayers on the Hook for Amazon’s Operations Center of Excellence

Tennessee taxpayers will fork over $102 million in cash and tax breaks to secure Amazon’s Operations Center of Excellence in Nashville, The Tennessean reports. Gov. Bill Haslam said that the incentives for the Amazon investment would be repaid in just over a year and that the returns will be immeasurable for years to come. State officials have agreed to only pay if the company hires at least 5,000 employees.

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