Amazon invests $9 billion in Singapore Cloud Technology
Alimat Aliyeva, AZERNEWS
Amazon's cloud computing division, Amazon Web Services (AWS), is investing $9 billion in Singapore's cloud infrastructure, Azernews reports.
AWS plans to spend these investments over four years to expand the cloud computing infrastructure in Singapore. The investment project is aimed at meeting the growing consumer demand for cloud services and accelerating the introduction of artificial intelligence (AI).
According to the company's estimates, financial investments will create about 12.3 thousand full-time jobs in local Singaporean companies.
"These investments will cause a ripple effect throughout
Singapore by accelerating economic growth and the introduction of
cloud technologies," the agency quotes AWS regional manager
Priscilla Chun as saying.
The head of the AWS Tokyo office, Tadao Nagasaki, announced on
January 19 that AWS will invest 2 trillion yen ($13.5 billion) in
Japan's cloud infrastructure.
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