00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Amazon plans to invest an additional $13 billion to expand AI and cloud infrastructure in India,
00:08bringing its total planned investment in the country to $48 billion between 2026 and 2030,
00:14according to CNBC. The company said the funds will expand AWS data center capacity
00:20in Mumbai and Hyderabad. Amazon CEO Andy Jassy said the company wants to support India's growth
00:27by expanding access to AI, digitizing small businesses, creating jobs, and enabling exports.
00:33He met Indian Prime Minister Narendra Modi on Thursday. Amazon said its total investment
00:38in India from 2010 to 2030 will reach $88 billion. The company said its data centers will provide
00:44startups, enterprises, and government organizations with access to AI chips, managed AI services,
00:51and cloud technologies. For all things money, visit Benzinga.com.
Comments