Amazon to spice up Thailand cloud infrastructure with $5 billion funding By Reuters

(Reuters) – Amazon Net Providers (AWS),the cloud computing division of Amazon.com Inc (NASDAQ:), mentioned on Monday it plans to take a position $5 billion in Thailand over the subsequent 15 years to strengthen its infrastructure within the nation.

The funding would come with development of knowledge facilities and buy of products and companies from regional companies, AWS mentioned in a press release.

It additionally plans to arrange an infrastructure hub in Thailand’s Bangkok to assist clients within the area securely retailer information, and serve finish customers higher.

“AWS’ plan to construct information facilities in Thailand is a big milestone that may carry superior cloud computing companies to extra organizations and assist us ship our Thailand 4.0 ambition to create a digitized, value-based financial system,” Thailand’s Deputy Prime Minister Supattanapong Punmeechaow mentioned.

AWS’ cloud platform affords greater than 200 companies, together with storage, robotics and synthetic intelligence.

AWS final month opened its first cloud information middle in UAE and introduced plans to setup a neighborhood hub in Mexico to spice up bandwidth for purchasers.

Since 2020, AWS has launched 10 Amazon cloudfront edge areas in Bangkok. The sting areas assist to ship information, movies and purposes at increased speeds to finish customers.