City
Epaper

AWS to invest over $15 bn in Japan to expand data centres

By IANS | Updated: January 19, 2024 14:15 IST

Tokyo, Jan 19 Amazon Web Services (AWS), the cloud arm of e-commerce giant Amazon, on Friday announced that ...

Open in App

Tokyo, Jan 19 Amazon Web Services (AWS), the cloud arm of e-commerce giant Amazon, on Friday announced that it will invest about $15.5 billion (about 2.3 trillion yen) in Japan over five years between 2023 and 2027.

The company will use the amount to expand data centres -- key facilities for cloud computing services -- and strengthen business operations, reports Nikkei Asia.

This comes on top of the 1.51 trillion yen (about $10.1 billion) that was invested in Japan to increase cloud capacity between 2011 and 2022.

The purpose behind this investment is to tap into the strong demand for cloud computing from Japanese companies and governments. The focus is on responding to generative AI, which is expected to expand in the future, the report noted.

In May last year, AWS announced plans to invest Rs 1,05,600 crore ($12.7 billion) into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in the country.

The investment followed AWS's investment of Rs 30,900 crore ($3.7 billion) between 2016-2022, bringing AWS's total investment in India to Rs 1,36,500 crore ($16.4 billion) by 2030.

AWS has two data centre infrastructure regions in India -- the AWS Asia Pacific (Mumbai) Region, launched in 2016, and the AWS Asia Pacific (Hyderabad) Region, launched in November 2022.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

International"Always preparing for plan B": White House as Trump's tariff power faces Supreme Court test

InternationalUS: Cargo plane crashes after takeoff in Louisville, Sean Duffy says "heartbreaking images coming"

International"By making things accessible, India can be a superpower": Sminu Jindal ahead of National Summit on Accessibility

InternationalBangladesh companies sign deal to buy USD 1 billion soybeans from US

InternationalIndia, US hold key military cooperation talks in Hawaii, focus on strengthening bilateral defence ties

Business Realted Stories

BusinessPaytm reports strong Q2 with 24% revenue growth, PAT of Rs 211 crore, driven by robust business model, AI-led opportunities

BusinessPaytm’s net profit improves to Rs 211 crore in Q2, revenue up 24 pc

BusinessMehli Mistry steps down from Tata Trusts, recalls commitment to Ratan Tata

BusinessIndia-UK Science and Technology Partnership dashboard unveiled

BusinessWhen AI takes over, India will emerge as most influential civilisation: Report