Australia’s largest open global technology investment to date, Amazon builds A$20 billion in 5 years

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Passionategeekz On June 16, Amazon announced on the 14th of this month that it plans to invest 20 billion Australian dollars in the data center field in the next five years (2025-2029) (Passionategeekz Note: the current exchange rate is approximately RMB 93.258 billion), which is alsoThe largest publicly announced global technology investment in the country’s history

Amazon’s funding will be used to expand, operate and maintain its data centers in Australia, strengthen the country’s cloud computing and artificial intelligence capabilities, and support the Australian government’s vision to use artificial intelligence to increase productivity and develop its economy.

In the field of supporting energy infrastructure construction, Amazon said it will invest in three solar power plants in Australia and purchase more than 170MW of electricity from these projects.

Matt Garman, CEO of Amazon AWS, said:

The investment in this program deepens our long-standing commitment to support the growth and development of Australian organizations of all sizes and helps them grasp the enormous opportunities that generative artificial intelligence brings.

We are proud to expand our world-class data center infrastructure, put more renewable energy projects into use, and support Australia’s vision to become a global leader in artificial intelligence.

Artificial intelligence is a rare change once in a decade, and Amazon is pleased to empower all Australians to innovate at scale through this investment.

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