[Brazil] - Amazon's Cloud Computing Arm to Invest $1.8 Billion in Brazil Over Next Decade

INSUBCONTINENT EXCLUSIVE:
Palace in Brasilia
AWS seeks to meet the growing demand for cloud services and generative AI in Brazil and Latin America.This move follows a similar $10.5
billion investment in the UK, announced on the same day
Brazil has been a focus for AWS since 2011
10,000 jobs annually in local businesses related to their operations
Brazil Over Next Decade
It also underscores the growing demand for cloud services and AI in emerging markets.As businesses increasingly rely on digital
cloud providers in Latin America
It could potentially lead to improved services and lower costs for businesses in the region.However, it also raises questions about data
sovereignty and the concentration of digital infrastructure
giants.Companies like Amazon are at the forefront of this transformation