Advertisement

Updated March 5th, 2024 at 15:10 IST

AWS to invest $5.3 bn for data centres in Saudi Arabia

Introduction of these cloud regions will empower customers to securely store data and execute workloads, while also improving speed and accessibility for users.

Reported by: Business Desk
Amazon Web Services
Amazon Web Services | Image:Amazon Web Services
Advertisement

AWS in Saudi Arabia: Amazon Web Services (AWS), the cloud division of Amazon.com has announced the setting up of data centres in Saudi Arabia by 2026, with an investment commitment exceeding $5.3 billion. 

The introduction of these cloud regions will empower customers to securely store data and execute workloads, while also improving speed and accessibility for users within the region.

Advertisement

In view of an increased demand for Artificial Intelligence (AI) technologies, apart from Amazon, its competitors such as Google’s parent Alphabet and Microsoft, have already earmarked investments, primarily targeting the expansion of data center infrastructure.

Key entities in Saudi Arabia, including Saudi Telecom Company SJSC, Seera Holding, and Mobily, are already using AWS to facilitate various workloads, underscoring the significance of cloud computing services in the region.

Advertisement

Reports dating back to 2017 indicated discussions between Amazon, including its AWS unit, and Riyadh officials regarding investment prospects in Saudi Arabia, demonstrating a longstanding interest in the country's burgeoning technology landscape.

Recently, the head of Saudi Arabia's Public Investment Fund (PIF) sovereign wealth fund advocated for the kingdom as a potential epicenter for AI initiatives beyond the United States, citing its abundant energy resources and substantial funding capacity.

Advertisement

(With Reuters inputs)

 

Advertisement

Published March 5th, 2024 at 15:10 IST

Your Voice. Now Direct.

Send us your views, we’ll publish them. This section is moderated.

Advertisement
Advertisement

Trending Quicks

Jasprit Bumrah was ready to play for Canada at one time in his career
7 minutes ago
Kanyadan Not Essential For Hindu Marriage
20 minutes ago
CUET-PG 2024 Results Expected Tonight, Says UGC Chairman
25 minutes ago
Bodies of 4 Women Found in 'Migrant' Boat Off Spain's Mediterranean Coast
28 minutes ago
LSG vs DC
34 minutes ago
Kirsten Dunst
41 minutes ago
Apple considers integrating Google's Gemini AI engine into the iPhone,
41 minutes ago
Gaami
43 minutes ago
Advertisement
Advertisement
Advertisement
Whatsapp logo