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Tech🇮🇳2 sources· Jun 25

Amazon lifts India AI and cloud investment to $48 billion

What's new: The added $13 billion will expand AWS data centers in Mumbai and Hyderabad through 2030.

Amazon will invest another $13 billion in India to expand artificial intelligence and cloud infrastructure, raising its planned 2026-2030 outlay in the country to $48 billion. The new spending will increase AWS data center capacity in Mumbai and Hyderabad as global cloud providers compete for India’s fast-growing market. Amazon said its total investment in India from 2010 to 2030 now stands at $88 billion. CEO Andy Jassy met Prime Minister Narendra Modi on Thursday as the company pushed its role across e-commerce, AI, cloud and entertainment. The expansion aims to serve startups, businesses and government users with custom AI chips, managed AI services and cloud tools.

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Amazon lifts India AI and cloud investment to $48 billion — Veloxia Global News