Amazon to invest $13 billion more for India AI, cloud expansion
The additional $13 billion investment will expand AWS' data centre capacity in Mumbai and Hyderabad.
Explore the latest news, in-depth reports, and executive analysis tagged with #Paytm Cloud.
The additional $13 billion investment will expand AWS' data centre capacity in Mumbai and Hyderabad.
As part of the collaboration, HSBC plans to develop more than 200 AI use cases over the next two years.
The partial exit was facilitated through a secondary sale to the company's existing investors.
The new term will ease concerns nagging OpenAI after it had signed its up to $50-billion deal with Amazon earlier this year.
The company said that it is particularly focused on bringing in AI engineers to accelerate development of its next-generation billing and payments platform.
Earlier, it had raised $500,000 in September 2025 from Y Combinator as part of the Fall 2025 batch.
The next phase of partnership will help in deploying AI agents powered by Claude's advanced reasoning and Snowflake's governed data and AI environment.
This funding round comes just months after Lambda raised $480 million in its Series D investment round earlier in February.
Rambadran held leadership roles at Nutanix and Microsoft across the US and India.
As part of the agreement, tens of thousands of Nvidia GPUs, including Nvidia GB300 NVL72 systems, will be deployed.
As part of the agreement, Perplexity will provide image credit with link to source to educate users on how to use a licensed image legally.
In his new role, Davis will be responsible for shaping the strategic direction of InvoiceCloud’s India centre.
Uniphore will use the fresh capital to boost innovation on its AI and data platform -- Business AI Cloud.
As part of the collaboration, an AI Center of Excellence will be established that will develop solutions across lending, insurance, and wealth management sectors.
Reliance Intelligence will pursue the business of setting up, acquiring, holding/investing in and promoting various ventures relating to AI.
As part of the deal, Meta will use Google Cloud's infrastructure, including computing servers, data storage systems, and networking capabilities.
Of the total investment, $2 billion will be directed towards Germany and $1 billion allocated to the Netherlands.
This investment would help in understanding the merchants' business landscape and opportunity in the Brazilian market, Paytm said.