Amazon’s prime bet on India with USD 48 billion push for AI cloud and logistics
Amazon will invest an additional $13 billion in India by 2030 to expand its artificial intelligence and cloud infrastructure footprint, taking its total committed investment in the country to $48 billion over the next five years.
The announcement came after Amazon chief executive officer Andy Jassy met Prime Minister Narendra Modi on Thursday. The fresh commitment follows Amazon’s announcement earlier of $35 billion in new investments in India.
