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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.
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