The data center firm jumped 12% after an investigation backed the company's financial reporting.
The four-year investment plan will double AWS’ investment in Singapore.
The project is code-named ACDC within the company, the newspaper said.
Verizon has opted for the do-it-yourself route when it comes to placing 5G core and other functions into the cloud.
On-premises IBM Quantum System Two installation aims to accelerate hybrid application development.
The Big 3 cloud providers start 2024 off strong, fueled by organizations' growing adoption of AI.