Amazon.com plans to spend US$9 billion to expand its cloud computing infrastructure. Singaporelatest global technology Expand investment in Southeast Asia.
This spending, to be carried out over the next four years, will double the subsidiary’s investment. Amazon Web Services (AWS) in Singapore to help meet growing customer demand for cloud services and accelerate adoption. artificial intelligence (AI), the company announced on Tuesday.
AWS, which rents and sells software and data storage from large server farms, has expanded outside the United States in recent years, with many of its investments targeting Asian markets.
Including the investment in Singapore, AWS has announced plans to spend approximately US$35 billion outside the US this year. Japan, Saudi Arabia and Mexico. The company also has clusters of data centers in the following regions: Malaysia and Thailand.
Amazon announced last month that AWS is on track to generate annual revenue of more than $100 billion for the first time. Amazon executives said AWS is benefiting from corporate technology modernization projects and demand for AI services.
This announcement was made as part of AWS ASEAN At the summit in Singapore, AI was highlighted by a series of initiatives by US companies. The city-state was the first data center region established by AWS in Asia.
AWS Country Manager Priscilla Chong said, “This investment will have a ripple effect across Singapore by driving economic growth and cloud adoption.”
Amazon estimates that the planned investments will support an average of 12,300 full-time equivalent jobs annually in local businesses in Singapore. The company also plans to partner with the Singapore government to conduct workshops for more than 100 companies over the next two years to help leverage SMEs. Generation AI.
Singapore has grown as an Asian base for American companies. meta platform and Google parent alphabetis seen as a gateway to the broader Southeast Asian region, which is expected to grow rapidly.
