Amazon has announced an additional $13 billion investment in India to expand its artificial intelligence and cloud infrastructure. This brings Amazon's total investment in India to over $88 billion, with plans to support 3.8 million jobs, enable $80 billion in e-commerce exports, and bring AI benefits to 15 million small businesses and four million government school students.
The investment will target AI and cloud infrastructure in Mumbai and Hyderabad, with Amazon CEO Andy Jassy stating that the company is committed to being a long-term partner in India's growth story. This move is part of Amazon's efforts to expand its AI footprint in the region.
In other tech news, Melius Research has recommended buying chip stocks such as NVIDIA, Micron, and AMD, citing compute as the fuel of the AI era. Qualcomm has also unveiled its Dragonfly portfolio, targeting over $15 billion in data center revenue by fiscal 2029, with Meta as a CPU customer for the new chips.
Oracle Japan has reported record sales and profit growth driven by strong cloud and AI adoption, with cloud segment sales increasing by 34.3% year-over-year. The company expects 6-10% sales growth in FY2027. Meanwhile, rebounding AI stocks have pulled Wall Street higher, with NVIDIA, Alphabet, and other AI-related stocks seeing significant gains.
Thailand expects exports to reach a record $366.8 billion this year due to growing global investment in AI, with electronics leading the gains as technology companies ramp up investment in AI infrastructure worldwide. However, Nvidia's banned AI servers are selling for $1.1 million on China's black market, despite the US restricting the export of Nvidia's most powerful AI chips to China since 2022.
Key Takeaways
["Amazon invests an additional $13 billion in India's AI and cloud infrastructure.", "Amazon's total investment in India to exceed $88 billion.", 'Amazon plans to support 3.8 million jobs and enable $80 billion in e-commerce exports.', 'Melius Research recommends buying chip stocks like NVIDIA, Micron, and AMD.', 'Qualcomm targets over $15 billion in data center revenue by fiscal 2029.', "Meta is a CPU customer for Qualcomm's new chips.", 'Oracle Japan reports record sales and profit growth driven by cloud and AI adoption.', 'Rebounding AI stocks drive Wall Street higher.', "Thailand's exports expected to reach a record $366.8 billion this year due to AI investment.", "Nvidia's banned AI servers sell for $1.1 million on China's black market."]Amazon invests $13 billion in India's AI and cloud infrastructure
Amazon has announced an additional $13 billion investment in India to expand its artificial intelligence and cloud infrastructure. This brings Amazon's total investment in India to $48 billion. The investment will target AI and cloud infrastructure in Mumbai and Hyderabad. Amazon CEO Andy Jassy said the company is committed to being a long-term partner in India's growth story.
Amazon pledges $13 billion for India's AI development
Amazon has pledged an additional $13 billion to expand its AI footprint in India by 2030. This investment brings Amazon's cumulative investments in India to over $88 billion. The company plans to support 3.8 million jobs, enable $80 billion in e-commerce exports, and bring AI benefits to 15 million small businesses and four million government school students.
Amazon to invest $13 billion in India's AI and cloud infrastructure
Amazon has announced a fresh investment of $13 billion to expand its AI and cloud infrastructure in India. The investment will be used to expand AWS data center capacity in Mumbai and Hyderabad. Amazon CEO Andy Jassy said the company is committed to being a long-term partner in India's growth story.
Amazon to invest $13 billion in India's AI infrastructure
Amazon has announced an additional $13 billion investment in India to expand its AI footprint. The investment will target AI and cloud infrastructure in Mumbai and Hyderabad. Amazon's cumulative investments in India from 2010-2030 will stand at over $88 billion.
Amazon invests $13 billion in India's AI and cloud infrastructure
Amazon has announced a $13 billion investment in India's AI and cloud infrastructure. The investment will support AI and cloud infrastructure across the Mumbai and Hyderabad regions. Amazon plans to open more than 20 fulfillment centers and over 100 last-mile delivery stations this year.
Amazon to invest $13 billion in India's AI infrastructure
Amazon has announced an additional $13 billion investment in India to expand its AI footprint. The investment brings Amazon's cumulative investments in India to over $88 billion. Amazon plans to support 3.8 million jobs, enable $80 billion in e-commerce exports, and bring AI benefits to 15 million small businesses and four million government school students.
Story Protocol rebrands as Data Network for AI training
Story Protocol has rebranded as Data Network to focus on providing high-quality training data for AI models. The company's IP token has fallen 98% in value. Data Network aims to solve the problem of sourcing and verifying AI training data.
Story rebrands as DATA Foundation for AI training data
Story has rebranded as DATA Foundation to focus on supplying AI training data. The company has integrated with Kled, an opt-in human data marketplace. DATA Foundation has launched Trace, a public audit layer for AI training data.
Oracle Japan sees record sales and profit growth
Oracle Japan has reported record sales and profit growth driven by strong cloud and AI adoption. The company's cloud segment sales have increased by 34.3% year-over-year. Oracle Japan expects 6-10% sales growth in FY2027.
Oracle Japan sees sales growth on AI and cloud demand
Oracle Japan has reported sales growth driven by increased cloud demand and adoption of its database products. The company's cloud sales have grown by 33% during the period. Oracle Japan expects 6% to 10% year-over-year sales growth in FY2027.
Melius Research recommends buying chip stocks
Melius Research has recommended buying chip stocks such as NVIDIA, Micron, and AMD. The firm advises skipping hyperscalers until their AI monetization model becomes clear. Compute is seen as the fuel of the AI era.
Qualcomm unveils data center AI chips
Qualcomm has unveiled its Dragonfly portfolio, targeting over $15 billion in data center revenue by fiscal 2029. Meta is a CPU customer for the new chips.
The AI tokenmaxxing party is crashing
The era of AI tokenmaxxing may be over due to spiraling costs. Leaked consulting firm audio suggests that no one is sure how to measure AI effectiveness.
Rebounding AI stocks pull Wall Street higher
Rebounding AI stocks have pulled Wall Street higher. NVIDIA, Alphabet, and other AI-related stocks have seen significant gains. The rally in AI stocks has been driven by growing use of AI in industries such as healthcare and finance.
Dollar General elevates AI spending and raises 2026 outlook
Dollar General has elevated its AI spending and raised its 2026 outlook. The company plans to invest in AI and data analytics to drive growth and improve customer experience.
AI boom lifts Thailand's exports to record value
Thailand expects exports to reach a record $366.8 billion this year due to growing global investment in AI. Electronics are expected to lead the gains as technology companies ramp up investment in AI infrastructure worldwide.
Nvidia's banned AI servers selling for $1.1 million on China's black market
Nvidia's banned AI servers are selling for $1.1 million on China's black market. The US has restricted the export of Nvidia's most powerful AI chips to China since 2022.
Sources
- Amazon ups India bet with fresh $13B AI infrastructure investment
- Amazon pledges additional $13 bn in India AI investment
- Amazon adds new funding, lifting India AI and cloud investment to $48 billion
- Amazon pledges additional $13 bn in India AI investment
- Amazon to invest additional $13 billion in India
- Amazon pledges additional $13 bn in India AI investment
- Story Protocol Rebrands as Data Network in AI Training Pivot After IP Token Falls 98%
- Story Rebrands as DATA Foundation in Pivot to AI Training Data
- Oracle Japan: Record sales and profit growth fueled by cloud and AI, with robust FY2027 outlook
- Oracle Japan sees sales growth on AI and cloud demand
- Melius Research: "Buy the chip dip, skip hyperscalers" until AI payoff becomes clear
- Qualcomm unveils data center AI chips, Meta as CPU customer
- The AI tokenmaxxing party is crashing over spiraling costs — leaked consulting firm audio suggests no one is sure how to measure AI effectiveness
- Rebounding AI stocks pull Wall Street higher
- How Investors May Respond To Dollar General (DG) Elevating AI Spending And Raising Its 2026 Outlook
- AI Boom Set to Lift Thai Exports to Record Value This Year
- Nvidia's banned Blackwell AI servers are selling for $1.1 million on China's black market
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