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Google to Spend $1 Billion in Thailand in Asia AI Push.

Authors :
Rai, Saritha
Source :
Bloomberg.com; 9/30/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Google plans to invest $1 billion in building data centers in Thailand, which will contribute to the country's economy and create jobs. This move reflects the growing interest of global tech companies in Southeast Asia, as they recognize the region's potential for growth in cloud and AI infrastructure. Other major tech companies like Apple, Microsoft, Nvidia, and Amazon are also investing billions of dollars in the region. The Thai government aims to strike a balance between digital sovereignty and attracting foreign investment, leveraging the expertise and investment power of global companies while developing local tech firms. Google's investment aligns with Thailand's cloud policies and will support the development of innovative digital services. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179999688