Amazon Web Services announced it will invest nearly $9 billion in Singapore over the next five years to grow its cloud infrastructure and services in the country. This new investment will go towards constructing and building AWS' data center capabilities in the Asia Pacific region based in Singapore. AWS first launched its Asia Pacific region in Singapore in 2010, marking its first expansion outside the US and Europe. Since 2010, AWS has already invested over $8 billion in Singapore's cloud infrastructure and ecosystem.
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00:00It's Benzinga and here's what's on the block.
00:02Amazon Web Services announced it will invest nearly $9 billion in Singapore
00:06over the next five years to grow its cloud infrastructure and services in the country.
00:11This new investment will go towards constructing and building up AWS's
00:14data center capabilities in the Asia-Pacific region based in Singapore.
00:18AWS first launched its Asia-Pacific region in Singapore in 2010,
00:22marking its first expansion outside of the US and Europe.
00:25Since 2010, AWS has already invested over $8 billion in Singapore's cloud infrastructure
00:30and ecosystem. Strong demand for cloud computing services from the AI boom is
00:34driving further investment from AWS and other cloud providers.
00:37For all things money, visit Benzinga.com