Amazon pledges additional $13 bn in India AI investment / Photo: Kirill KUDRYAVTSEV - AFP/File
-
American Kate Douglass reclaims 50m freestyle world record
-
England defender Spence leaves Spurs for Inter Milan
-
Kit confusion disrupts Newcastle friendly against Leverkusen
-
Moore double leads Spurs to 3-0 friendly win over Hoffenheim
-
Marchand wins first Euros gold as Liebmann breaks 1500m free world record
-
Man Utd beaten by former boss Amorim's AC Milan in friendly finale
-
Zambia's vote marred by intimidation, counting pause: observers
-
Villagers evacuate as Belgium battles record wildfire
-
Marchand wins 200m butterfly for first Euros gold
-
Despite booming economy, young Moroccans still dream of Europe
-
Fernandez booed by Chelsea fans in friendly win over Sociedad
-
South Korea president proposes talks with North to formally end Korean War
-
Fans line Welsh streets as Bonnie Tyler body's returns for funeral
-
Residents evacuate as Belgium wildfire scorches 1,600 hectares
-
Tropical Storm Lala lashes Hawaii with heavy rain
-
easyJet strike sees 100 French flights cancelled
-
Lebanon reports 11 dead in strikes that Israel says targeted Hezbollah
-
Monica Bellucci and Florin Serban win at Locarno Film Festival
-
Crystal Palace sign Israel winger Khalaili
-
India's Padikkal hits unbeaten century in first Sri Lanka Test
-
Rescuers search for survivors as Indonesian quake death toll rises to 47
-
Liechtenstein places gender equality on its throne
-
Taliban govt supporters dance, take selfies in Kabul celebrations
-
Street rallies held as Taliban govt marks five years ruling Afghanistan
-
UK PM urges 'reflection' after Cambridge professor's death
-
World Cup winner Ferran Torres signs for PSG from Barcelona
-
Rescuers search for survivors as Indonesian quake death toll rises to 40
-
Monsoon rains submerge villages, fields in Myanmar
-
Earthquake rocks Spain's tourist jewel Granada
-
India's Padikkal, Rahul hit half-centuries in Sri Lanka Test
-
Perez, Fiorini set world records in winning Euro race walk golds
-
UK-based Afghan writer pleads for country's 'abandoned' women
-
Lebanon says 9 dead in strikes as Israel says targeted Hezbollah
-
Werro edges Hodgkinson in boost for world record-seeking 800m rivalry
-
World Cup winner Ferran Torres signs for Paris Saint-Germain
-
Mehidy claims Smith as Bangladesh sense historic upset in Australia
-
Disney reveals 'X-Men' cast, slate of sequels at D23 fan event
-
Indonesia rescuers search for survivors as quake death toll rises to 38
-
Star Cameroon goalkeeper Bihina faces Malawi's prolific Chawinga sisters in WAFCON final
-
Japan coach Jones says team should not get despondent after heavy loss
-
Mehidy claims Smith to keep Bangladesh on top in Australia Test
-
Flags, music as Taliban authorities mark five years ruling Afghanistan
-
Iran fires back at Trump's threat to declare Hormuz a US territory
-
'Like we were on a trampoline': Indonesia quake kills 20, thousands flee
-
No monkey business: India 'whisperers' guard world championships
-
Australia run riot to crush Japan 56-17 in Townsville
-
Steady India 101-1 at lunch in first Sri Lanka Test
-
Stolen Matisse works tied to infamous art thief in Brazil
-
Faced with historic drought, the Dutch rethink water management
-
Hasan strikes twice for Bangladesh to reduce Australia to 51-2
Amazon pledges additional $13 bn in India AI investment
E-commerce giant Amazon announced on Thursday an additional $13-billion investment by 2030 to expand its artificial intelligence footprint in India, months after declaring plans to invest more than $35 billion.
The announcement was made following a meeting between company CEO Andy Jassy and Indian Prime Minister Narendra Modi.
The $13 billion will target AI and cloud infrastructure in Mumbai and Hyderabad, the company said in a statement.
"Amazon's cumulative investments in India from 2010-2030 stand at over $88 billion," the company said.
Jassy said he was "excited" about the future.
"Still early days for what we can build," he said in a post on X.
"By 2030, we plan to support 3.8 million jobs, enable $80 billion in ecomm exports, and bring benefits of AI to 15 million small businesses and four million government school students," he added.
Modi welcomed the investment, adding that it would increase opportunities for the country's youth.
"It shows the growing interest across the world to invest in India!" he said on X.
Several global corporations have announced large investments in the world's most populous nation, which has more than a billion internet users.
There has been a string of billion-dollar data centre announcements from tech giants like Google as well as domestic firms such as Reliance Industries.
L.AbuTayeh--SF-PST
