Amazon has announced a substantial investment of approximately $9 billion to expand its cloud computing infrastructure in Singapore over the next four years. This initiative, part of AWS which is now a $100B/year business, is expected to support over 12,000 jobs annually and contribute about $17.6 billion to Singapore's GDP by 2028. The investment aims to meet growing demands for cloud services and artificial intelligence, positioning AWS to capitalize on the significant cloud growth potential, as the majority of IT spending, still directed towards on-premises infrastructure, accounts for 85%.
Amazon Commits $9B to Double Singapore Cloud Push https://t.co/vfhtd08pPW
Amazon To Double Singapore Investment To $17 Billion With Cloud Project https://t.co/wLZlh0Cuee https://t.co/Nfd1xV9fAJ
Amazon Web Services will invest 12 billion Singapore dollars (around $9 billion) to expand its cloud infrastructure in Singapore, joining rival U.S. tech giants investing in the fast-growing Southeast Asian digital market. https://t.co/bJxBYNuDZU
Amazon Web Services (AWS) $AMZN plans to spend $8.9 billion over next 4 years to expand its cloud computing infrastructure in Singapore. The investment adds to the S$11.5 billion the company has already invested in the Asia Pacific Region till 2023, bringing its total planned…
#Amazon has shared plans to double its cloud infrastructure investment in Singapore by pumping $9bn into the south-east Asian economy over the next four years. https://t.co/4MwQC8g1qG
Amazon's bold $9 billion investment in Singapore underscores its commitment to expanding #cloud services and #AI, promising major job creation and innovation in the region.🌐📈 #Technology #AIInvestment #ArtificialIntelligence #AINews https://t.co/nIbeTETMmZ
Amazon $AMZN is planning to invest nearly $9B to expand its cloud computing infrastructure in Singapore to aid AI adoption and generative AI development. $NVDA $MSFT $GOOG
Amazon to invest $9bn for cloud infrastructure in Singapore https://t.co/4MwQC8g1qG
Amazon to invest $9bn in Singapore to boost cloud computing https://t.co/W6sQEceH85
AWS to invest $8.8b more in Singapore to boost AI adoption https://t.co/FEwLJ1saMA
Amazon to spend nearly $9 bln to expand cloud infra in Singapore https://t.co/wXknvTnFyr https://t.co/AicVJ3Vyua
Amazon says will invest $9 billion in Singapore #ARYNews https://t.co/8UO1WBut8I
Amazon's AWS to invest nearly $9 billion in Singapore to grow cloud infrastructure https://t.co/hu2S0FHHvo
Amazon says will invest $9 billion in Singapore https://t.co/Asvu5OpFmZ
Amazon announces plans to double its cloud infrastructure investment in Singapore to $9B, to be done over the next four years, to meet the cloud and AI demand (@oliviapohtech / Bloomberg) https://t.co/SlgwGaLFbI 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/V85zR22IXC
$AMZN Amazon To Invest $9 Billion More In Singapore Cloud Infrastructure - WSJ https://t.co/sOv3S3ETa3
Amazon to Invest $9 Billion More in Singapore Cloud Infrastructure https://t.co/nxUjjk4qhE
.@awscloud is investing an additional $9 billion (SG$12B) into our cloud computing infrastructure in Singapore. Our investments are expected to support over 12K jobs a year, and contribute $17.6 billion (SG$23.7B) to Singapore’s GDP by 2028. We also announced a new flagship #AI… https://t.co/mOCWDEwHX2
Amazon to spend $9 bln to expand cloud infra in Singapore, Bloomberg News reports https://t.co/kgm1BAbch5 https://t.co/Dsiey8qRBS
Amazon $AMZN plans to spend $9 Billion over the next 4 years expanding its cloud computing infrastructure in Singapore 🇸🇬 - Bloomberg
Amazon plans to spend $9 billion expanding its cloud computing infrastructure in Singapore https://t.co/bvh3l8UgJl
What did we learn from Amazon's recent earnings call? - AWS is now a $100B/year biz (🤯!) - Most IT spend is still for on-premises (85%); lots of cloud growth to come - Optimization wave largely past; enterprises now spending on modernization/innovation https://t.co/idKsBNvrSb
AWS at $100B run rate and 17% yoy growth (vs. expected 12%) is by far the biggest news of the week. For reference, if this crazy growth were to continue they would surpass current Facebook revenue ($134b) in 2 years, Google ($305b) in 7 years, and Apple ($380b) in 9 years. https://t.co/SwlGdJ9hkd
Cloud Revenue Growth Azure, AWS, and Google Cloud $AMZN $MSFT $GOOG https://t.co/WpvaZgwDij
#DeepDiveVideo $AMZN Amazon with ads, 3P seller fees, AWS is growing double digits again Amazon's projected revenue for 2024 shows promising growth, driven by its diverse business units from eCommerce to cloud computing. https://t.co/j24fcpFVP0 https://t.co/7W2TqJZaUC
It was all about AWS and Ads...And Amazon delivered. I think we called $AMZN pretty well. 👇🔥💪 https://t.co/RZ8oczCcOF
Amazon 12 month revenue from cloud services alone is higher than combined revenue of 466 S&P500 companies. This is a superior stock. I was a bull at 140. It’s now 187. 140 now is long term recession bottom on $AMZN IMO.