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Amazon to spend nearly $9 billion to expand cloud infra in Singapore

The investment adds to the S$11.5 billion the company has already invested in the Asia Pacific Region till 2023, bringing its total planned spend to more than S$23 billion by 2028, AWS said in a statement. Southeast Asia's top leaders are scrambling for a bigger slice of the global tech pie, with Malaysia, Vietnam and Singapore hosting Nvidia CEO Jensen Huang in December, and Apple CEO Tim Cook visiting Singapore, Vietnam and Indonesia last month.

Amazon Announces $9 Billion Cloud Computing Investment in Singapore

Amazon Announces $9 Billion Cloud Computing Investment in Singapore
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This Top AI Start-Up Stock Is Falling Again to Start 2024 -- Why Most Investors Should Steer Clear

Data center infrastructure for AI training won't be a monopoly, and this start-up might be showing signs of slowing already.

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