Amazon Plans $35 Bln Investment In India By 2030 To Boost AI Innovation

Tech and e-commerce major Amazon.com Inc. announced Wednesday its plans to invest more than $35 billion across all its businesses in India through 2030, aiming mainly to advance AI innovation and create more than 1 million jobs.The company, which so far has invested $40 billion in the country, expects to focus on expansion as well as three strategic pillars, such as AI-driven digitization, export growth and job creation.The move comes after Amazon in late November announced plans to invest up to $50 billio ...