Cloud computing services company Amazon Web Services (AWS) plans to invest 2.26 trillion yen (15.24 billion dollars) in Japan by 2027, with the aim of expanding the country’s cloud computing infrastructure.
The company explained that it will spend the funds to expand its facilities in the cities of Tokyo and Osaka to meet the growing demand from customers for its service.
This comes in addition to the 1.51 trillion yen ( 10 billion dollars) spent in the period from 2011 to 2022 to build the company’s cloud capacity in Japan.
Amazon Web Services said in a statement that it provides generative artificial intelligence services to clients of Japanese companies including Asahi Group, Marubeni and Nomura Holdings.
The development of artificial intelligence in Japan
This investment indicates a significant contribution to the growth of artificial intelligence capabilities within Japan, as the country is accelerating its technological development in this area, and is likely to stimulate other technology companies to invest in artificial intelligence capabilities in Japan.
This investment comes at a time when the Japanese government and the corporate sector are racing to catch up with the development of artificial intelligence.
Japanese Prime Minister Fumio Kishida met the heads of OpenAI and advanced chip manufacturer Nvidia, which opens a new tab last year to discuss the organization of artificial intelligence and infrastructure in the country.