Amazon Expands India AI Push With A $35 Billion Investment

Benzinga

Amazon will invest over $35B in India’s cloud and AI infrastructure by 2030, adding to nearly $40B already deployed. The company expects the expansion to create 1M jobs, lift exports, and accelerate AI adoption for millions of small businesses as regional demand for compute infrastructure surges.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Amazon will invest more than $35 billion in India's cloud and AI infrastructure by 2030,

00:08according to CNBC. The plan, announced at the Amazon Sembahav Summit in New Delhi,

00:15follows nearly $40 billion already invested in the country. Amazon said the new funds will

00:20support AI-driven digitization, export growth, and job creation. They are expected to add 1

00:26million direct, indirect, induced, and seasonal jobs, boost exports to $80 billion,

00:32and bring AI benefits to 15 million small businesses by 2030.

00:37IDC's Deepika Giri said India's rapid AI spending growth is constrained by a shortage of compute

00:42infrastructure, creating a major opportunity for expansion. She said countries across Asia are

00:48accelerating sovereign AI strategies as trade tensions and tariffs reshape the market.

00:53The announcement comes shortly after Microsoft said it will invest

00:56$17.5 billion in India's AI infrastructure.

01:00For all things money, visit Benzinga.com.

Category

Transcript

Be the first to comment

Recommended