Amazon to invest $13 billion in Australia’s data center infrastructure over five years

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Amazon will invest A$20 billion ($12.97 billion) from 2025 to 2029 to expand, operate and maintain its data center infrastructure in Australia, bolstering the nation’s artificial intelligence capabilities, it said in a blog post on Saturday.

The investment is Amazon’s largest global technology commitment in Australia, with funding directed toward new server capacity and support for generative 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…



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Amazon to invest $13 billion in Australia’s data center infrastructure over five years


Amazon will invest A$20 billion ($12.97 billion) from 2025 to 2029 to expand, operate and maintain its data center infrastructure in Australia, bolstering the nation’s artificial intelligence capabilities, it said in a blog post on Saturday.

The investment is Amazon’s largest global technology commitment in Australia, with funding directed toward new server capacity and support for generative 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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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