As the most recent multinational tech company to increase its investment in Southeast Asia, Amazon.com Inc. intends to invest $9 billion in Singapore to develop its cloud computing infrastructure.

The expenditure, which is scheduled to be completed in four years, will boost Amazon Web Services’ investment in Singapore and enable the company to fulfil the increasing demand from customers for cloud services as well as accelerate the adoption of Artificial Intelligence.

AWS has been extending its reach outside of the US in recent years, mostly focusing on Asian markets. It provides software and data storage for rent on large server farms. With over 650 million people in Southeast Asia, businesses like Microsoft Corp. and Apple Inc. are expanding there as well, in part to diversify away from China and lower geopolitical risks in the midst of tensions between Beijing and Washington.

In 2024, AWS officials disclosed plans to invest over $35 billion outside of the United States, including in Japan, Saudi Arabia, and Mexico, in addition to the Singapore investment. Additionally, the business is establishing data center clusters in Thailand and Malaysia.

In April, Amazon announced that it was expected to generate over $100 billion in revenue in a single year for the first time. According to Amazon officials, it is gaining from both the demand for AI services and corporate technology modernization initiatives.

According to Amazon’s estimations, the proposed investment will help local Singaporean businesses sustain 12,300 full-time equivalent jobs annually. In order to assist small firms in utilizing generative AI, the company will also hold workshops for over 100 businesses over the course of two years in collaboration with the Singaporean government.