AWS Invests $5 Billion in South Korea for AI Data Centers

Amazon's cloud company, AWS, is going to spend a lot of money, about $5 billion, in South Korea.

They plan to build new buildings called data centers that will help with artificial intelligence.

This will happen by the year 2031.

The leader of South Korea, President Lee Jae Myung, met with the head of AWS, Matt Garman.

He said this investment will help South Korea become a big player in AI.

AWS is investing this money as part of a larger plan to spend $40 billion in other countries around Asia.

This announcement comes as Amazon is also making job cuts, which they say is to focus on new technology like AI.