It marks the largest direct foreign investment in South Korea, overtaking the previous record set by Amazon in June when it ...

Amazon will invest over $5 billion to build AI data centres in South Korea by 2031, Seoul said Wednesday, calling it the country’s largest-ever foreign investment.

Amazon Web Services (AWS) is set to invest $5 billion in South Korea by 2031 to bolster the nation’s AI data centre ...

GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new ...

As AI models advance, cloud firms such as Amazon's Web Services are scaling up their data centre plans to meet the growing ...

Amazon will cut 14,000 roles as the tech giant doubles down on artificial intelligence and data centre spending.

AWS plans to invest nearly $5 billion in South Korea by 2031 to establish AI data centers, with the aim to enhance the ...

Amazon has confirmed it is cutting 14,000 corporate jobs this week in an effort to be more "nimble" and try to "operate like ...

Alphabet's share price rises 2.7% to $274.57 after the quarterly results, even as an inflated capex and its impact on profitability remains in focus.| Business News ...

Investors watch for signs huge capital investments in AI are generating revenue amid concerns of sector bubble ...

Amazon will invest over $5 billion to build AI data centres in South Korea by 2031, Seoul said Wednesday, calling it the country's largest-ever foreign investment.

Third-quarter sales, excluding partner payouts, rose to US$87.5 billion, Alphabet said in a statement on Wednesday.