Amazon is planning one of its biggest cloud investments yet as it goes big down under
techradar.com
- Amazon to invest AU$20 billion in Australia between now and 2029
- New data centers in Sydney and Melbourne are part of the plan
- Three new solar farms are also crucial to the investment
Amazon has confirmed plans to invest AU$20 billion into Australia between 2025 and 2029, with expanded data center infrastructure in Sydney and Melbourne accounting for a large part of the upcoming plans.
The company says this multibillion-dollar pledge is Australia's "largest publicly-announced global technology investment."
In its announcement, Amazon declared its support for Australia's "vision to improve productivity and grow the economy through AI innovation."
Amazon makes "largest" tech investment into Australia
Citing figures from the Australian Government’s Department of Industry, Science and Resources, Amazon noted that AI and automation could contribute up to AU$600 billion annually to Australia’s GDP by 2030.
As part of the cash ...
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