Amazon Earmarks $4.4 Billion For New Zealand Data Center Push
- On Tuesday, Amazon officially introduced a new AWS Region in New Zealand, announcing an investment of NZ$7.5 billion to grow its cloud infrastructure in the country.
- This investment, publicly introduced almost four years prior, is designed to establish New Zealand as a key regional center in response to the increasing demand across the Asia-Pacific region.
- The project is expected to generate employment for more than one thousand individuals, contribute approximately NZ$10.8 billion to the national economy, and enable local companies like Xero and Kiwibank to run AI-related tasks.
- AWS executives said the new region will enable flexible and secure Gen AI applications while tackling power constraints and component shortages limiting current growth.
- The launch signifies a major step for New Zealand’s digital transformation and workforce development, with Amazon also committing to train 100,000 cloud-skilled workers locally.
Insights by Ground AI
Does this summary seem wrong?
18 Articles
18 Articles
Amazon Invests $4.4 Billion In New Zealand Cloud Infrastructure, Bolsters Global Expansion - Meta Platforms (NASDAQ:META), Amazon.com (NASDAQ:AMZN)
Amazon.com Inc. (NASDAQ:AMZN) is set to invest NZ$7.5 billion ($4.4 billion) in expanding its cloud computing infrastructure in New Zealand, marking a significant regional expansion. AWS To Make New Zealand A Key Cloud Services Hub The investment will transform New Zealand into a regional hub for Amazon Web Services, the company announced on Monday. The new AWS Region in New Zealand will allow local customers like Xero and Kiwibank to run artifi…
·New York, United States
Read Full ArticleCoverage Details
Total News Sources18
Leaning Left0Leaning Right3Center3Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
Factuality
To view factuality data please Upgrade to Premium