Amazon to spend nearly $9 bln to expand cloud infra in Singapore

7/5/2024 13:40

        Amazon.com plans to spend S$12 billion over the next four years to expand its cloud computing infrastructure in Singapore, Amazon Web Services said on Tuesday.
        
        The investment adds to the S$11.5 billion the company has already invested in the Asia Pacific Region till 2023, bringing its total planned spend to more than S$23 billion by 2028, AWS said in a statement.
        
        Southeast Asia's top leaders are scrambling for a bigger slice of the global tech pie, with Malaysia, Vietnam and Singapore hosting Nvidia CEO Jensen Huang in December, and Apple CEO Tim Cook visiting Singapore, Vietnam and Indonesia last month.
        
        Recent investments in the region include Apple's plan to invest over $250 million into its operations in Singapore.
        
        AWS also announced a collaboration with the Singapore government, public sector organisations and enterprises to help accelerate the adoption of AI and generative AI in Singapore.