Markets AMZN

Amazon Plans To Invest Over $5 Bln In Taiwan

(RTTNews) - Amazon.com Inc. (AMZN) said that it is planning to invest over $5 billion to support the construction, connection, operation, and maintenance of its data centers in Taiwan.

This announcement follows the launch of the AWS Asia Pacific (Taipei) Region, the new AWS region to serve its customers through AWS data centers in Taiwan. AWS offers the broadest and deepest portfolio of services, including analytics, compute, content delivery, database, generative AI, machine learning, networking, storage, and other cloud technologies.

Prasad Kalyanaraman, Vice President of Infrastructure Services at AWS, said: "The new AWS Asia Pacific (Taipei) Region will enable organizations of all sizes to build and scale with confidence using our comprehensive suite of cloud services, ranging from foundational compute and storage to advanced analytics and artificial intelligence, all while meeting local data residency requirements."

The AWS Asia Pacific (Taipei) Region consists of three availability zones at launch, giving AWS 117 availability zones across 37 AWS regions globally.

AWS has plans for 13 more availability zones and four more AWS regions in Chile, New Zealand, Saudi Arabia, and the AWS European sovereign cloud.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available