Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.Microsoft pledged US$2.2 billion in artificial intelligence and cloud computing investment in Malaysia on Thursday.
Amazon.com Inc. plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore, Amazon Web Services (AWS) said on Tuesday. The new investment adds to the S$11.5 billion the company has poured into the Asia Pacific Region until 2023, bringing its total planned spend to more than S$23 billion by 2028, AWS said in a statement. AWS also announced a collaboration with the Singapore Government, public sector organisations, and enterprises to help accelerate the adoption of artificial intelligence (AI) and generative AI in Singapore, the statement said.
The new investment adds to the S$11.5 billion the company has poured into the Asia Pacific Region until 2023, bringing its total planned spend to more than S$23 billion by 2028, AWS said in a statement. AWS also announced a collaboration with the Singapore Government, public sector organisations, and enterprises to help accelerate the adoption of artificial intelligence (AI) and generative AI in Singapore, the statement said.