Amazon to invest additional $13 billion in India cloud, AI

Amazon said on Thursday it will invest an additional $13 billion by 2030 in India to expand its AI and cloud infrastructure.

The new investment is in addition to its planned $35 billion ‌funding ⁠announced last ⁠year, taking the e-commerce firm’s investment in the country to $48 billion through 2030.

The announcement follows a meeting between Amazon CEO Andy Jassy and Indian Prime Minister Narendra Modi on Thursday in New Delhi.

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