Amazon says will invest US$9b in Singapore

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SINGAPORE, May 7 — 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. The...

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. — Reuters picSINGAPORE, May 7 — 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.

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. It is also partnering with the Singapore government to help local businesses accelerate the adoption of AI. That announcement came after tech chief Satya Nadella unveiled a US$1.7 billion investment in Indonesia, as well as Thailand’s first data centre region.

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