Amazon’s cloud unit to speculate $6 billion in Malaysia by 2037


(Reuters) – Amazon Net Companies (AWS), the cloud computing division of Amazon.com Inc, mentioned on Wednesday it plans to speculate $6 billion in Malaysia over the subsequent 14 years to strengthen its cloud providers infrastructure within the nation.

This marks the corporate’s newest transfer in its plan to construct AWS Infrastructure Areas throughout southeast Asia.

The infrastructure hub will allow prospects within the area to retailer knowledge securely, the subsidiary mentioned in a press release.

AWS’ cloud platform presents greater than 200 providers, together with storage, robotics and synthetic intelligence.

Final yr, AWS had introduced a $5 billion funding in Thailand.

(Reporting by Mrinmay Dey in Bengaluru; Modifying by Sherry Jacob-Phillips)