Amazon has announced that it will invest an additional $13 billion by 2030 in India to expand its artificial intelligence (AI) and cloud infrastructure.
The new commitment is over and above its previously announced $35 billion investment plan, taking the e-commerce company’s total investment in India to $48 billion through 2030.
The announcement follows a meeting between Amazon chief executive officer and Indian prime minister in New Delhi. The $13 billion investment will support AI and cloud infrastructure across the Mumbai and Hyderabad regions, the company said in a statement.