WhatsApp Logo Subscribe
For News Alert

News

Amazon says will invest $9 billion in Singapore

By AFP

May 7, 2024 09:49 AM


Representational image

Twitter Share Facebook Share WhatsApp Share

 

Amazon said Tuesday it would invest $9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.

The tech giant 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...,"the company said in a statement.

The e-commerce titan last week said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived.


AFP


Most Read

  1. Hania Aamir and Zaviyar Nauman's Nikkah glam gives ‘heart attack’ to many Hania Aamir and Zaviyar Nauman's Nikkah glam gives ‘heart attack’ to many
  2. Guard shoots dead his employer in Lahore’s Ghalib Market Guard shoots dead his employer in Lahore’s Ghalib Market
  3. Ex-CJP Saqib Nisar uses influence for grandson at Aitchison College Ex-CJP Saqib Nisar uses influence for grandson at Aitchison College
  4. Bomb blast kills two labourers in Kot Addu scrap godown Bomb blast kills two labourers in Kot Addu scrap godown
  5. Woman hit by car in Lahore's Askari XI breathes her last Woman hit by car in Lahore's Askari XI breathes her last
  6. Abdu Rozik postpones his wedding with Amira, for what reason? Abdu Rozik postpones his wedding with Amira, for what reason?

Opinion

  1. An Unmissable Opportunity: The Time for Modi and Islamabad leadership to Resume Bilateral Dialogue is Now!
    An Unmissable Opportunity: The Time for Modi and Islamabad leadership to Resume Bilateral Dialogue is Now!

    By Sudheendra Kulkarni

  2. Premier Shehbaz and Chinese model
    Premier Shehbaz and Chinese model

    By Naveed Aman Khan

  3. Modi's myth broken, yet in power
    Modi's myth broken, yet in power

    By Naveed Aman Khan

  4. Xi, Shehbaz and CPEC phase - 2
    Xi, Shehbaz and CPEC phase - 2

    By Naveed Aman Khan

  5. Pakistan's UNSC Triumph: A New Era
    Pakistan's UNSC Triumph: A New Era

    By Dr Asif Channer

  6. Shehbaz, Deng, Xi and transformation
    Shehbaz, Deng, Xi and transformation

    By Naveed Aman Khan