Credited from: REUTERS
Amazon is set to invest AU$20 billion ($13 billion) from 2025 to 2029 to expand and maintain its data center infrastructure in Australia, targeting enhanced artificial intelligence capabilities, as announced in a recent blog post. This funding constitutes Amazon's largest global technology commitment in the nation according to Channel News Asia and Reuters.
The investment focuses on expanding server capacity and supporting generative AI workloads. Furthermore, it includes plans for three new solar farms in Victoria and Queensland, which will collectively provide more than 170 megawatts of renewable energy capacity according to Anadolu Agency.
Australia's Prime Minister, Anthony Albanese, emphasized that the investment is crucial for leveraging the AI revolution and enhancing the local economy. He noted, "This is a huge vote of confidence in the Australian economy," highlighting the broader implications for economic modernization and productivity increases across industries in the country according to Anadolu Agency and Reuters.
This move aligns with a global trend among major tech firms, including Amazon, Microsoft, and Google, to enhance their infrastructure to meet the rising demand for cloud computing and AI capabilities, as they strive to secure market share amidst increasing AI workloads according to Channel News Asia and Reuters.