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. 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. The company says the investment builds on its earlier $40b deployment and aligns with india’s digital growth ambitions
Amazon also plans to bring ai tools to 15m small businesses and ai. The company says the investment builds on its earlier $40b deployment and aligns with india’s digital growth ambitions.
