Amazon Spending $13 Billion To Build AI-Powered Data Centers In Australia
- Amazon Web Services will increase its investment in data centers in Australia to $20 billion over the next five years, according to Chief Executive Matt Garman.
- The company aims to meet the rising demand for artificial intelligence and cloud-based storage services for Australia’s big companies.
- Amazon plans to invest in two new solar farms in Victoria and one in Queensland to support its electricity needs.
- Australian Prime Minister Albanese said the investment will enhance economic growth and technology adoption in Australia.
64 Articles
64 Articles
According to the original report, Amazon has announced an ambitious investment of 20 billion Australian dollars, equivalent to 12.97 billion US dollars.This investment will take place between 2025 and 2029, and is intended to expand, operate and maintain the infrastructure of its data centers in Australia.Objective: Artificial IntelligenceThe main focus of this significant investment by Amazon is to strengthen artificial intelligence capabilitie…
Amazon commits to investing $13 billion to expand data centres in Australia
Amazon has announced plans to invest $13 billion over the next five years to expand its data centre infrastructure across Australia, marking the largest single investment by a global technology company in the country to date. The funds will be directed towards building artificial intelligence-driven data centres through 2029, as demand for cloud computing and generative AI continues to surge. The partnership was announced through a press release…
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