Online retail and cloud computing giant Amazon plans to invest more than $ 13 billion in Australia’s artificial intelligence and cloud infrastructure, the company on Saturday announced.
Amazon plans to invest 20 billion Australian dollars ($ 13.4 billion) by 2029 Increase Australia’s AI and cloud capabilities, marking the country’s largest publicly declared technology investment by a global company till date.
The investment in the country will lead to the expansion, operation and maintenance of Amazon Web Services (AWS) data centers.
Australian Prime Minister Anthony Albanis said, “This is the biggest investment seen from a global technology provider in our country, and Australia’s Prime Minister Anthony Albanis said,” From a global technology provider, and an exciting opportunity to build AI ability for Australia.
“Investment will generate economic opportunities for Australians, including skilled jobs and infrastructure that can support complex AI and supercompute applications.”
A part of $ 13 billion will be used to manufacture three new Akshay solar farms in Victoria and Queensland, making Amazon’s total renewable projects 11 in the country.
The solar fields are expected to generate carbon-free energy about 1.4 million hours per year, which is equivalent to giving strength to about 290,000 Australian homes.
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Amazon first entered the Australian market in 2012 with the inauguration of Amazon Web Services (AWS) Asia Pacific in Sydney. In July 2024, the Australian government participated with AWS to launch the “Top Secret” AWS Cloud for national security and defense purposes.
On 11 June, Participated with Amazon Talan energy to buy nuclear power to provide electricity to AWS servers and AI data centers in Pennsylvania through 2042.
Partnership came after two days Amazon announced plans To invest $ 20 billion in their AI Infrastructure in Pennsylvania, as greater tech firms are moving towards the manufacture of AI capabilities.
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AI, Australia’s automation to add $ 400 billion to GDP by 2030
AI services and continuous investment in automation is to increase Australia’s economy.
AI and automation -related developments expect to contribute an annual $ 400 billion to the country’s GDP (GDP), According For the department of government’s industry, science and resources.
Amazon invested More than $ 312 million in Australian renewable energy projects from 2020 to 2022.
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