Amazon Web Services (AWS) has revealed its intention to double down on its investment in Singapore’s cloud infrastructure, pledging an additional S$12 billion (US$8.8 billion) from 2024 to 2028. This commitment comes on the heels of AWS’s previous investment of US$8.5 billion in the city-state.
According to an AWS study, this augmented investment could contribute US$17.5 billion to Singapore’s gross domestic product by 2028 and facilitate the creation of approximately 12,300 full-time equivalent local jobs annually. Notable entities leveraging AWS’ services in Singapore include Grab, Singlife, Synapxe, and the Maritime and Port Authority of Singapore.
Priscilla Chong, AWS Singapore’s country manager, remarked, “This investment will create a ripple effect across Singapore by increasing economic growth and cloud adoption.”
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In alignment with the escalating prominence of generative AI, AWS has disclosed collaborations with Singapore’s public organizations to advance such technologies. These initiatives encompass AI Singapore’s Sea-Lion large language model, GovTech Singapore’s Analytics.gov data platform, and the Maritime and Port Authority’s Maritime Artificial Intelligence and Machine Learning Digital Hub.
Additionally, AWS has unveiled a new endeavor named AWS AI Spring, aimed at expediting the integration of AI, including genAI, in Singapore. The initiative will prioritize the development of these technologies for the public sector, local enterprises, startups, communities, R&D organizations, and the workforce.
As part of the AWS AI Spring program, AWS has entered into a memorandum of intent (MoI) with the Infocomm and Media Development Authority. Through this collaboration, the government agency will utilize AWS’ AI, machine learning, and AI assistant services to establish a program facilitating the creation of genAI solutions by local businesses.
