Google's $1B Bet on Thailand: AI & Cloud Wars with Microsoft Heat Up!

🤖 Tech Stocks Daily - September 30, 2024 🤖

Google is investing $1 billion in a data center in Thailand's Chonburi province to strengthen its cloud and AI capabilities amidst competition from Microsoft and OpenAI. This move targets the burgeoning digital economy in Southeast Asia, aiming to enhance services like Google Cloud, Search, Maps, and Workspace in Thailand. Additionally, it's intended to upskill locals in technology. Google's investment underscores its commitment to expanding its infrastructure and presence in the rapidly growing Asian market.

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