Amazon has committed to investing $$35 billion in india’s cloud and ai space by 2030, as hyperscalers race to get a foothold in the market. Openai is expanding its global fundraising push, tapping heavyweight investors from the middle east and india to back its $40 billion vision for ai dominance. Amazon will invest $35b+ in india's cloud and ai sector by 2030, adding to the ~$40b it has invested in the country, and says the plan will create 1m more jobs — amazon on wednesday committed to investing over $35 billion in india's cloud and artificial intelligence space by 2030, as hyperscalers race to get a foothold in the market.
Amazon commits extra $35 billion to 🇮🇳india by 2030 for ai, jobs & digital growth🚨 amazon will invest an additional $35 billion in india by 2030, after already deploying $40b since 2010. Backed by softbank, the effort aims to drive innovation and progress toward beneficial agi Chatgpt creator openai is in discussions with saudi arabia’s public investment fund (pif), india’s reliance industries, and existing investor mgx from the united arab emirates as part of its ongoing $40 billion fundraising efforts, according to a report by the information on wednesday.
In march, openai announced a $40 billion fundraise at a $300 billion valuation to scale ai research, infrastructure, and tools for 500 million weekly chatgpt users
