Loading...
Market
Story
Amazon to Invest $9B in Singapore, Boosting Cloud Services and AI Over Four Years
May 7, 2024, 03:25 AM
Amazon has announced plans to invest $9 billion (SG$12 billion) over the next four years to expand its cloud computing infrastructure in Singapore. This investment is expected to support over 12,000 jobs annually and contribute approximately $17.6 billion (SG$23.7 billion) to Singapore's GDP by 2028. The expansion aims to meet increasing demand for cloud services and artificial intelligence capabilities in the region.
View original story
Similar markets
Less than 10% • 25%
10%-20% • 25%
20%-30% • 25%
More than 30% • 25%
Above 25% • 25%
15% to 25% • 25%
5% to 15% • 25%
Below 5% • 25%
Greater than 25% • 25%
20% to 25% • 25%
15% to 20% • 25%
Less than 15% • 25%
0-5% • 25%
6-10% • 25%
11-15% • 25%
16% or more • 25%
Above 50% • 25%
30% to 50% • 25%
10% to 29% • 25%
Below 10% • 25%
Less than 10% • 25%
10-20% • 25%
20-30% • 25%
More than 30% • 25%
Above 30% • 25%
20% to 30% • 25%
10% to 20% • 25%
Below 10% • 25%
AWS increases market share • 33%
AWS market share remains stable • 33%
AWS loses market share • 33%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Stronger Position • 33%
Unchanged Position • 34%
Weaker Position • 33%