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The investment aims to meet the increased demand for advanced cloud infrastructure and compute power, driven by generative AI, it said...

SEATTLE, January 08, 2025--Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the launch of the AWS Asia Pacific (Thailand) Region. Now, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, will have greater choice for running their applications and serving end users from AWS data centers located in Thailand. As part of its long-term commitment, AWS is planning to invest more than $5 billion...

Anthropic is in advanced talks to raise $2 billion in a deal that would value it at $60 billion, more than triple its valuation from a year ago. The funding round is being led by the venture firm Lightspeed Venture Partners, people familiar with the matter said. The $60 billion valuation includes the money Anthropic plans to raise in the round...

Big Tech companies are pouring billions into artificial intelligence, highlighting the growing need for robust data centers and advanced infrastructure to support AI-driven innovations and cloud services. Last week, Microsoft announced plans to invest about $80 billion in fiscal 2025 to develop data centers for training AI models and deploying AI and cloud-based applications...

On Tuesday, Amazon Web Services (AWS), Amazon's cloud computing division, said that it plans to invest "at least" $11 billion in Georgia to expand its infrastructure to support various cloud computing and AI technologies. AWS estimates that its investment will create roughly 550 jobs in the state. "AWS is proud to expand our operations in Georgia to help drive the next generation of cutting-edge technologies such as AI," the company wrote in a press release. "We're grateful for the state and loc...