Friday, September 22, 2023
Friday, September 22, 2023
Home » Amazon’s cloud unit to invest $6 bln in Malaysia by 2037

Amazon’s cloud unit to invest $6 bln in Malaysia by 2037

by Prasad Banda
0 comment



March 1 (Reuters) – Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc (AMZN.O), said on Wednesday it plans to invest $6 billion in Malaysia over the next 14 years to strengthen its cloud services infrastructure in the country.

This marks the company’s latest move in its plan to build AWS Infrastructure Regions across southeast Asia.

The infrastructure hub will enable customers in the region to store data securely, the subsidiary said in a statement.

AWS’ cloud platform offers more than 200 services, including storage, robotics and artificial intelligence.

Last year, AWS had announced a $5 billion investment inĀ Thailand.

Reporting by Mrinmay Dey in Bengaluru; Editing by Sherry Jacob-Phillips
Source : Reuters

You may also like

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites. Buy Soledad now!

Colonial Observer, A Media Company – All Right Reserved.