Amazon to Invest $15bn in Japan Over 5 Years, Topping Funds for India. Amazon Web Services (AWS) has announced a significant investment plan in Japan, committing about $15.5 billion over five years from 2023 to 2027. This investment, primarily for expanding data centers, is in anticipation of the growing demand for cloud computing services, especially due to the rise of generative artificial intelligence. AWS's investment in Japan will surpass its planned investment in India, emphasizing the importance of the Japanese market. The investment is expected to contribute substantially to Japan's GDP and reflects the increasing global competition in cloud computing, with rivals like Microsoft and Google also expanding their data center investments in Japan.
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Asia Daily: January 19, 2024
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Amazon to Invest $15bn in Japan Over 5 Years, Topping Funds for India. Amazon Web Services (AWS) has announced a significant investment plan in Japan, committing about $15.5 billion over five years from 2023 to 2027. This investment, primarily for expanding data centers, is in anticipation of the growing demand for cloud computing services, especially due to the rise of generative artificial intelligence. AWS's investment in Japan will surpass its planned investment in India, emphasizing the importance of the Japanese market. The investment is expected to contribute substantially to Japan's GDP and reflects the increasing global competition in cloud computing, with rivals like Microsoft and Google also expanding their data center investments in Japan.