The reason Seattle grew wealthy is that the whole world sent money to Amazon and Microsoft.
The same was true for San Francisco and points south, Silicon Valley.
And it looks as though the world is sending money to Singapore (Again. This is the third major money flow)
From Capacity Global, April 1:
Microsoft will invest US$5.5bn in Singapore by 2029, funding cloud and AI infrastructure, skills training and cybersecurity as regional AI demand grows.
Microsoft is planning to invest US$5.5 billion in Singapore by 2029, as demand for AI skills and computing continues to grow across the region.
First reported by The Wall Street Journal, the investment involves the tech giant providing tools and training for tertiary students, teachers and nonprofits. Company vice chair and president Brad Smith said the investment will also go toward ongoing operations.
“Our ongoing investment in cloud and AI infrastructure reflects Microsoft’s long‑term confidence in Singapore as a global digital leader,” he said. “We’re focused on helping people and organisations use AI by strengthening skills, increasing cybersecurity and resilience and advancing trusted governance.”....
....MUCH MORE
And over four times larger:
Big Money: "Micron commits $24B to Singapore as AI memory crunch bites" (MU)
One of our core beliefs is that this whole investing thing is easier if you go to where the waterfall of money is and let the refreshing splashes-o-loot land on you.
An earlier money flows to the Lion City:
"Singapore: The Crazy, Rich Rubber City-State"
