Amazon has announced a plan to invest approximately AU$20 billion (around $13 billion USD) in Australia over the next five years, from 2025 through 2029, to expand its data center infrastructure. This investment marks the largest global technology commitment ever made in Australia by a single company. The funding will be directed toward increasing server capacity and supporting the growing demand for cloud computing and artificial intelligence (AI) services. The expansion will focus on Amazon Web Services (AWS) operations in key Australian cities, including Sydney and Melbourne. Additionally, the investment includes the construction of three new solar farms in Victoria, reflecting a commitment to renewable energy alongside infrastructure growth. This move aims to strengthen Australia's AI future and support the broader adoption of cloud and AI technologies in the region.
Amazon gives $100M boost to AWS Generative AI Innovation Center, betting on agentic AI https://t.co/rarKbDFci3
BREAKING: Amazon $AMZN invests an additional $100M in the AWS Generative AI Innovation Center to drive AI advancements across industries. This move aims to transform customer experiences and boost productivity. #AI #Innovation
AWS is announcing an additional $100 million investment in an $AMZN AWS generative AI innovation center