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Amazon commits US$9 billion investment in Singapore to expand its cloud computing infrastructure
- The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services in the city state
- AWS this year also announced plans to expand its cloud computing infrastructure in Japan, Saudi Arabia, Mexico, Malaysia and Thailand
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Amazon.com plans to spend US$9 billion to expand its cloud computing infrastructure in Singapore, the latest global technology company to boost investment in Southeast Asia.
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The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services (AWS) in Singapore and helps it meet growing customer demand for cloud services and accelerate the adoption of artificial intelligence (AI), the company said on Tuesday.
AWS, which sells software and data storage for rent from massive server farms, has been expanding its footprint outside the United States in recent years, with much of that investment targeting Asian markets.
Companies from Microsoft Corp to Apple are also growing in the Southeast Asian market of more than 650 million people, partly to diversify away from China and reduce geopolitical risks amid tensions between Beijing and Washington.
Including the Singapore investment, AWS has this year announced plans to spend about US$35 billion outside the US, including in Japan, Saudi Arabia and Mexico. The company is also setting up clusters of data centres in Malaysia and Thailand.
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