10 hours ago
- Business
- Wall Street Journal
Amazon Web Services Firms Bets on Asia AI Demand
Amazon's cloud-computing arm sees a wealth of artificial-intelligence opportunities and plans to keep investing billions in Asia as short-term uncertainties are eclipsed by long-term demand, a top executive says.
There are always going to be challenges, but 'we make investments because we have clarity on the long-term opportunity,' said Jaime Vallés, Amazon Web Services' vice president for Asia-Pacific and Japan.