Amazon to Invest Over $35 Billion in India on AI, Exports
Amazon plans to invest more than $35 billion in India by 2030 to expand its operations by boosting artificial intelligence capabilities and increasing exports, the U.S. e-commerce giant said on Wednesday, as global tech firms deepen their presence in Asia's third-largest economy.
Major U.S. tech firms have poured billions of dollars into India this year, underscoring the country's emergence as a strategic hub for cloud, AI and deep-tech growth.
Microsoft pledged an investment of $17.5 billion in India for AI and cloud infrastructure by 2030 on Tuesday, marking its largest...
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