AWS announces $5.3 billion investment in Saudi Arabia

20240410

Amazon Cloud Computing Service (AWS) announced an investment of US$5.3 billion in Saudi Arabia and is expected to drive an output value of US$733.1 billion in the Middle East by 2033.

AWS said it hopes the funding will be available by 2026. This investment will drive the development of regional artificial intelligence, machine learning, IoT, and mobile services.

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