AMZN Jun 2024 2450.000 call
- Reuters
UPDATE 1-Amazon to spend nearly $9 bln to expand cloud infra in Singapore
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.
- Bloomberg
Amazon Commits $9 Billion to Double Singapore Cloud Push
(Bloomberg) -- Amazon.com Inc. plans to spend $9 billion expanding its cloud computing infrastructure in Singapore, the latest global tech company to boost investment in Southeast Asia.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Trading
- Reuters
Amazon to spend nearly $9 billion to expand cloud infra in Singapore
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.
