The announcement comes after fellow tech titan Microsoft
unveiled billions of dollars of investment in the same sectors in Southeast
Asia last week as firms look to take advantage of growing demand in the region.
Amazon said the figure doubles its investment in the
city-state and will help it meet growing demand for cloud services and adopt
artificial intelligence.
"AWS (Amazon Web Services) is doubling down on its
cloud infrastructure investments in Singapore from 2024 to 2028 to support
customer demand, and help reinforce Singapore’s status as an attractive
regional innovation launchpad...," Priscilla Chong, Country Manager of
Singapore for AWS, said.
Amazon said its investment will support some 12,000 jobs in
Singaporean businesses each year.
It is also partnering with the Singapore government to help
local businesses accelerate the adoption of AI.
The e-commerce titan last week said profit in the first
three months of 2024 tripled as its cloud, ads, and retail businesses thrived.
The company founded by Jeff Bezos is also testing an AI
chatbot named Rufus that provides shopping tips to US mobile app customers.
Meanwhile, generative AI features for sellers help them
create product listings.
The company also plans to invest billions of dollars in AWS
datacenters in Mexico, Saudi Arabia and the United States in coming years,
according to the earnings release last week.
Tech giants such as Amazon and Microsoft have been investing
more in Southeast Asia recently.
Microsoft pledged US$2.2 billion in artificial intelligence
and cloud computing investment in Malaysia on Thursday.
That announcement came after tech chief Satya Nadella
unveiled a US$1.7 bn investment in Indonesia, as well as Thailand’s first data
centre region.
The tiny but wealthy and infrastructure-rich Singapore has become a business and technology centre in Southeast Asia, further solidifying its status after the pandemic.
0 comments:
Post a Comment