US EditionIndia Draws $52 Billion From Amazon, Microsoft in Tech Expansion
Microsoft and Amazon plan to create 1 million jobs and boost AI export potential with a combined investment exceeding $50 billion in India's cloud infrastructure.
- On Tuesday, Microsoft CEO Satya Nadella pledged $17.5 billion over four years for cloud infrastructure in India, while Amazon said it will invest over $35 billion through 2030, totaling more than $50 billion.
- Rising local demand and e-commerce growth, coupled with the government's aggressive digitisation agenda, have fuelled data-centre and cloud investment in India in recent years.
- Microsoft said in a blog post it will build its largest hyperscale region in India with three availability zones and expand data centres in Chennai, Hyderabad and Pune, building on a $3 billion investment earlier this year.
- The investments are expected to create one million jobs and help quadruple e-commerce exports to $80 billion by 2030, while analysts project India’s AI market to exceed $17 billion by 2027.
- This marks the third major AI-driven investment in India in the past two months, following Google's $15 billion plan, but infrastructure constraints could slow data-centre rollout.
17 Articles
17 Articles
Hastings Tribune
The spokesman-ReviewIndia draws $52 billion from Amazon, Microsoft in tech expansion
Amazon.com Inc. and Microsoft Corp. are intensifying their India push with a combined $52 billion in fresh investment, underscoring the country’s rising status as a key growth market for artificial intelligence, cloud services and online retail.
Why are tech giants Microsoft and Amazon betting big on AI in India?
Microsoft committed to its largest-ever Asia investment – over $17.5 billion — in India to develop Artificial Intelligence capabilities. Amazon, too, has announced that it will invest $35 billion over the next five years in all sectors, but with a focus on AI. But what does this interest from Big Tech mean for India?
Technology giants are investing massively in India. In less than 24 hours, Microsoft and Amazon have committed more than $50 billion to develop cloud and d的IA infrastructure, while Intel announced earlier this week its intention to manufacture chips in the country to take advantage of the growing demand for PCs and the rapid adoption of the AI. Google has also confirmed its plan to invest $15 billion to build the capacity of a new data center in…
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