Photo: economictimes.indiatimes.com
AWS Commits $5 Billion to Power South Korea's AI Revolution by 2031
Amazon Web Services announces a $5 billion investment in South Korea to build artificial intelligence data centers, aiming to enhance the nations AI capabilities by 2031.
- During a meeting in Seoul, AWS Chief Executive Officer Matt Garman revealed plans for a $5 billion investment in South Korea to support artificial intelligence infrastructure.
- The investment will focus on establishing new data centers aimed at advancing South Koreas position as a leading player in the global artificial intelligence market.
- This significant commitment aligns with the goals of the Asia-Pacific Economic Cooperation to promote technological innovation and economic growth in the region.
Why It Matters
This investment by Amazon Web Services underlines the growing importance of artificial intelligence in the global economy, positioning South Korea as a future hub for AI development and innovation.