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Amazon's AWS to invest $15 billion to expand cloud computing in Japan
Economic Times
·
1y ago
Medial
Amazon's cloud computing arm, Amazon Web Services (AWS), is planning to invest $1.5 billion to expand its cloud infrastructure services in Japan. This investment is aimed at meeting the increasing demand for cloud services in the country and enhancing the reliability and speed of the services provided by AWS. With this move, Amazon is looking to solidify its position in the Japanese market and capitalize on the growing demand for cloud computing solutions.
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Amazon to invest 15.7 billion euros in Spain
Economic Times
·
1y ago
Medial
Amazon's cloud computing division AWS is investing 15.7 billion euros to expand its data centers in Spain's Aragon region. The investment follows similar announcements in Germany and France this month. AWS initially planned to invest 2.5 billion euros in Aragon in 2021, but has now increased its commitment. The investment is expected to create around 17,500 indirect jobs in the region and highlights Spain's appeal as a strategic tech hub. While AWS currently dominates the cloud computing market with a 31% share, rivals Microsoft and Google are gaining ground.
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Amazon to invest billions in Taiwan cloud infrastructure
Livemint
·
1y ago
Medial
Amazon is set to invest billions in Taiwan over the next 15 years to build data centers and meet the growing demand for cloud services in the region. Its cloud computing arm, Amazon Web Services (AWS), plans to launch an AWS infrastructure region in Taiwan by early 2025. This investment will allow organizations to leverage AWS technologies such as compute, storage, databases, analytics, machine learning, and artificial intelligence. This move follows AWS's recent expansion plans in Singapore and Japan, signaling the company's commitment to meeting the cloud service needs in Asia.
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Amazon to invest extra 10 billion euros in Germany
Economic Times
·
1y ago
Medial
Amazon has announced plans to invest an additional 10 billion euros ($10.7 billion) in Germany, primarily in cloud computing. The investment will be made by the company's cloud computing division AWS, with a portion also going towards logistics, robotics, and office spaces. This comes after Amazon's recent announcement of a 7.8 billion euro investment in building a sovereign cloud center in Germany. The move aims to alleviate concerns about data transfer to other jurisdictions. Amazon's investments in Germany will also lead to the hiring of thousands of new employees, bringing the total number to around 40,000 by the end of the year.
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Amazon, built by retail, invests in its AI future
Livemint
·
1y ago
Medial
Amazon is planning to invest over $100 billion in data centers over the next decade, prioritizing its cloud computing and artificial intelligence (AI) infrastructure. The move reflects the company's recognition of the importance and high costs of AI in driving future growth. The increased investment in data centers is part of Amazon's shift towards an era where cutting-edge cloud equipment is more crucial for growth than expanding its network of retail warehouses. Amazon's cloud business, AWS, has consistently been a profitable area for the company, and AI is expected to further boost demand for its cloud computing services.
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Amazon's AWS to invest $1.8 billion in Brazil through 2034
Economic Times
·
10m ago
Medial
Amazon Web Services (AWS) will invest $1.8 billion in Brazil by 2034 to expand its data center operations in the country. The investment will be used to further develop and maintain AWS data centers in Brazil. This is in addition to the $3.5 billion already invested by AWS in the Latin American nation since 2011. The expansion will help AWS meet the growing demand for cloud computing services in Brazil and support the country's digital transformation efforts.
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Amazon Web Services to invest $8.2 billion in Maharashtra by 2029-30: Ashwini Vaishnaw
Economic Times
·
4m ago
Medial
Amazon Web Services (AWS) plans to invest $8.2 billion in Maharashtra by 2029-30 to expand cloud computing capacity, as confirmed by Union Minister Ashwini Vaishnaw. This investment is forecasted to contribute $15.3 billion to India's GDP and create over 81,300 full-time jobs annually by 2030. A memorandum of understanding was exchanged between AWS and the Maharashtra Government. This investment aligns with AWS's broader $12.7 billion plan for India to meet the increasing demand for cloud and AI services.
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Race for AI isn't zero-sum, says Amazon cloud boss
Economic Times
·
1y ago
Medial
Amazon's cloud chief, Adam Selipsky, disagrees with critics who claim that Amazon is falling behind in the race to develop generative artificial intelligence (AI). Selipsky believes that there won't be a single model to dominate the field, and Amazon Web Services (AWS) already offers multiple AI models for different use cases. While competitors like Microsoft and Google are gaining ground in the cloud computing market, AWS continues to invest in AI innovations, such as its Trainium chips and Amazon Bedrock platform. Selipsky remains confident that Amazon will remain a leader in cloud computing. AWS customers and partners, including Nvidia and Pfizer, are already leveraging generative AI to improve productivity and customer interaction.
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End of an Era Amazon's EC2-Classic Service Concludes After Nearly 17 Years
Business Bytes
·
1y ago
Medial
The retirement of EC2-Classic, Amazon Web Services' (AWS) initial infrastructure-as-a-service offering for cloud computing, marks a momentous milestone in AWS's cloud journey. The closure of the final EC2-Classic instance on August 15 signifies the end of nearly 17 years of this foundational service. It's important to note that Amazon's presence in the cloud computing sector goes beyond this event, as the company commands the largest share of Arm server CPUs worldwide.
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AWS plans $8.3 billion investment in cloud infrastructure in Maharashtra by 2030
Economic Times
·
5m ago
Medial
Amazon Web Services (AWS) plans to invest $8.3 billion in expanding cloud infrastructure in Maharashtra's AWS Asia-Pacific (Mumbai) Region by 2030. This investment aims to boost cloud computing capacity and create over 81,300 full-time jobs annually in the local data centre supply chain. The plan is part of AWS's broader $12.7 billion investment in India's cloud infrastructure, formalized through a memorandum of understanding with Maharashtra at the World Economic Forum in Davos.
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UK to publish provisional report on cloud computing in January
Economic Times
·
7m ago
Medial
The UK's competition regulator, the CMA, has revised the timetable for its cloud computing investigation. Instead of releasing the provisional findings this month, they will be published in January. The final decision will be made in July. This investigation is focused on the dominance of Amazon's AWS, Microsoft's Azure, and Google Cloud Platform in the cloud computing market.
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