Amazon invests $12b in S’pore operations, cloud infrastructure; launches AI training initiative

SINGAPORE – Amazon Web Services is set to make one of the largest investments yet in digital infrastructure in the Republic, with $12 billion over the next four years going into cloud and artificial intelligence projects, as well as expanding its operations here.

It includes salaries for Amazon staff and importing more specialised equipment and software, construction and data centre operations here, she said, without providing an estimated expense in each area or whether AWS will hire more people here. Nearly half of these jobs are with AWS’ suppliers, while others are part of the supply chain as a result of its investment here, which came up to $11.5 billion since 2010, generating an estimated $18.3 billion for Singapore’s GDP, AWS reported.

Worldwide public sector country manager Elsie Tan said the company does not provide recruitment figures in Singapore, adding that AWS aims to support Singapore’s missionSenior Minister of State for Communications and Information Tan Kiat How said at the AWS Summit that Amazon hires more than 2,000 workers, many of whom are Singaporeans or permanent residents.

In collaboration with the Infocomm Media Development Authority , AWS also announced a new programme, the AWS AI Spring, which will offer workshops and consulting for organisations in Singapore.

Source: News Formal (newsformal.com)

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft's AI lead puts Amazon cloud dominance on watchUpcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Jamus Lim’s new book on economics is an Amazon bestseller!It’s listed as number 1 in History of Economics, number 1 in Economic Systems, and number 1 in International Business & Investing!
Source: IndependentSG - 🏆 9. / 63 Read more »

Amazon to push cashierless shopping tech into more third-party stores, while backing off itselfAmazon.com said on Wednesday it plans to push its cashierless shopping technology into more third-party stores this year, even as it reduces its reliance on the technology in its own.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Amazon to push cashierless shopping tech into more third-party stores, while backing off itselfAmazon.com said on Wednesday (April 17) it plans to push its cashierless shopping technology into more third-party stores this year, even as it reduces its reliance on the technology in its own. The online retailer said about 140 stores use the system, known as 'Just Walk Out,' which allows customers to scan an app to enter a store and leave...
Source: asiaonecom - 🏆 10. / 59 Read more »

At least $521k lost to lucky draw scams since start of 2024: PoliceThe scams took place on social media platforms, including Instagram, Facebook, WhatsApp, Telegram and Amazon.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Brazil ex-president Bolsonaro hospitalized again with skin infectionSAO PAULO: Former Brazilian president Jair Bolsonaro, who was hospitalized for a bacterial skin infection while campaigning in the Amazon region, is doing well and will be tr
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »