Amazon to Invest Additional $13 Billion in India for AI by 2030 - Bloomberg

Amazon to Invest Additional $13 Billion in India for AI by 2030  Bloomberg

Amazon adds new funding, lifting India AI and cloud investment to $48 billion

Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India, taking its total investment to $48 billion.

PM Modi meets Amazon CEO Andy Jassy; company commits $48 bn investment in India

Amazon CEO Andy Jassy announced a significant $13 billion investment to boost AI and cloud infrastructure in India by 2030, bringing the total planned investment to over $21 billion. This expansion, alongside a commitment to enhancing its e-commerce network with new fulfillment centers and delivery stations, underscores Amazon's deep-rooted commitment to India's growth.

By TOI TECH DESK

Global CEOs are lining up to write cheques for India, Amazon its latest example

The e-commerce giant on June 25 announced that it would raise its India investment commitment to $48 billion by 2030.

Amazon pledges additional $13bn in India AI investment

E-commerce giant Amazon announced on Thursday an additional $13 billion investment by 2030 to expand its artificial intelligence footprint in India, months after declaring plans to invest more than $35bn. The announcement was made following a meeting between company CEO Andy Jassy and Indian Prime Minister Narendra Modi. The $13bn will target AI and cloud infrastructure in Mumbai and Hyderabad, the company said in a statement. “Amazon’s cumulative investments in India from 2010-2030 stand at ...

By none@none.com (AFP)

Amazon CEO Meets PM Modi, To Invest $48 Billion In India Over 4 Years

Amazon plans $48 billion investment in India from 2026 to 2030 to expand ecommerce and AI cloud infrastructure.

Amazon to invest additional $13 billion in India 

Amazon increases its AI investment in India by another $13B