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.
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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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Total News Sources59
Leaning Left2Leaning Right5Center6Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
15%
C 46%
R 38%
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