Amazon aims to invest $12.97 billion over the next five years to expand, operate and maintain its data centre infrastructure in Australia. The investment is Amazon’s largest global technology commitment in Australia, with funding directed toward new server capacity and support for gen AI workloads.
The company is also investing in three new solar farms in Victoria and Queensland, and will commit to buy a combined capacity of more than 170 megawatts across the three farms, it added.
“Amazon Web Services’ $20 billion investment in data centres in Australia will set us up for the future, boosting our economy and productivity”, Australian Prime Minister Anthony Albanese said in a post on social media platform X. “This is a huge vote of confidence in the Australian economy,” he added.
Major tech companies worldwide are expanding their infrastructure to support rapidly growing demand for generative AI and cloud computing. Companies like Amazon, Microsoft and Google have been ramping up data centre investments to secure market share and meet AI workload requirements.
Source: Reuters
Image Credit: Stock Image/Amazon
