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Sunday, May 12, 2024

Microsoft: Google, Microsoft, Amazon to invest $8.5 billion in Thailand


Tech giants Google, Microsoft and Amazon Web Services (AWS) will invest 300 billion baht ($8.46 billion) in Thailand, the country’s government said. The companies will invest 100 billion baht each.
The three companies are expected to invest in establishing data centres in the country, news agency Reuters reported. AWS plans to build a data centre with a budget of $5 billion over 15 years, the government said.
“The prime minister is confident that AWS’ investment will enhance the country’s competitiveness,” a spokesperson said.Microsoft and Google are also said to be studying investment plans for large data centres in Thailand.
Thailand-Google collaboration
A separate report says that the Thailand government and Google have announced a collaboration to enhance the country’s cloud-based digital competitiveness and accelerate AI innovation.
The report said that a Google Cloud region will be established in Bangkok that is expected to contribute $4.1 billion to the Thai economy and create 50,000 new jobs by 2030. Additionally, Google will offer scholarships and learning programs to help Thais develop digital and cloud skills.
“Our partnership with Google is a significant step forward in fulfilling this government’s vision of transforming sectors of high relevance to Thai citizens, businesses, and investors through cloud-first policies, while creating a safer cyberspace,” Srettha Thavisin, Prime Minister of Thailand, was quoted as saying.
The Ministry of Digital Economy and Society (MDES) and Google Cloud are also collaborating to leverage generative AI and Google Cloud technologies for the development of scalable solutions for the public’s benefit. This partnership aims to focus on priority areas such as e-government services, financial technology, healthcare, education, and transportation.





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