News Report

Amazon, Google, and Microsoft are committing $8.5 billion to Thailand for the establishment of data facilities.

In Brief

The trio of tech giants, comprising Amazon Web Services (AWS), Google, and Microsoft, plans to jointly invest about $8.46 billion in Thailand to set up a series of cutting-edge data centers.

AWS, Google, and Microsoft have pledged a monumental $8.5 billion investment in Thailand.

Amazon Web Services (AWS), Google and Microsoft Each of the three companies is contributing approximately $2.8 billion towards the total of $8.46 billion earmarked for setting up data centers across the nation, as indicated by government spokesperson Chai Wacharonke.

Over the next 15 years, AWS aims to build a substantial facility, setting aside $5 billion for this initiative. Thailand’s prime minister highlighted that this financial move will significantly enhance the country's technological capabilities. data center Additionally, Microsoft and Google are currently finalizing their investment frameworks for sizable data center facilities within Thailand.

Plans by Big Tech for Data Centers in the Asia Pacific Region

Amazon Web Services (AWS), which is part of Amazon.com, has announced an impressive $6 billion plan to develop an infrastructure hub in Malaysia over the next 14 years. This initiative is part of a broader strategy to establish AWS Infrastructure Regions throughout Southeast Asia.

Earlier this year, Amazon Web Services The recent opening of its third data center in Singapore has raised Amazon's total local investment in data facilities to $850 million. This development is poised to enhance the nation’s technology landscape in terms of innovation, skills development, and sustainability. Furthermore, the company is also planning to launch data centers in Japan.

Last year, Google The partnership between AWS, Google, and Microsoft for Thailand exemplifies the increasing importance of Southeast Asia’s technology market, underlining the area’s appeal as a significant center for cloud services and data management.

This substantial investment is expected to reinforce Thailand’s role in the digital economy, promoting technological progress and contributing to economic expansion.

Please remember that the material presented on this page is not to be taken as legal, monetary, or investment guidance. It’s crucial to invest only what you can afford to lose and seek independent financial advice if uncertain. For more details, we recommend reviewing the terms and support resources provided by the issuer or advertiser. MetaversePost strives for accuracy and impartiality in reporting, but market conditions can evolve without prior notice.

Disclaimer

In line with the Trust Project guidelines Alisa, an enthusiastic journalist at Cryptocurrencylistings, focuses on topics like cryptocurrency, zero-knowledge proofs, investments, and the vast universe of Web3. With an eye for emerging innovations, she offers detailed insights to keep readers informed and engaged within the dynamic landscape of digital finance.

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