How AWS's latest 8B investment is funding alignment with Singapore's AI goals

Amazon Web Services (AWS) has pledged to invest another SG 12 billion (USD 8.88 billion) in Singapore, where it aims to align with the country's artificial intelligence (AI) development goals. AWS joins other cloud players -- including Google and Microsoft -- that have unveiled initiatives to sync up with the local government's AI ambitions. Since AWS launched its first Asia-Pacific region in Singapore in 2010, the company has invested more than SG 11.5 billion ( 8.51 billion). The additional SG 12 billion will further support "planned investment" into the US cloud vendor's existing cloud infrastructure from 2024 to 2028, the company said Tuesday at the annual AWS Asean Summit in Singapore. Also: Amazon knows you don't have the AI skills for tomorrow, and has a plan to help Currently, AWS operates 105 availability zones across 33 regions worldwide, including Tokyo, Seoul, Jakarta, and Hong Kong.