share_log

Investing 13 billion USD over four years! Amazon plans to expand its data centers in Australia.

cls.cn ·  Jun 15 16:48

① Amazon will invest 20 billion Australian Dollars (approximately 12.97 billion USD) in its data center infrastructure in Australia over the next four years; ② This investment represents Amazon's largest technology commitment in Australia, which is also expected to enhance artificial intelligence capabilities in the country; ③ Currently, Amazon is increasing its data center investments globally to support the rapidly growing demand for generative artificial intelligence and cloud computing.

The Financial Associated Press reported on June 15 (Editor: Zhou Ziyi) that on Saturday (June 14), American technology giants. $Amazon (AMZN.US)$ In a blog post, Amazon stated that it will invest 20 billion Australian Dollars (approximately 12.97 billion USD) from 2025 to 2029 to expand, operate, and maintain its data center infrastructure in Australia to enhance the country's artificial intelligence capabilities.

This investment is Amazon's largest technology commitment in Australia, and the funds will be used to expand new Server capacity and support for generative artificial intelligence workloads.

Additionally, the company has invested in three new CECEP Solar Energy power plants in Victoria and Queensland and has committed to purchasing over 170 megawatts of total capacity from these plants.

Australian Prime Minister Anthony Albanese posted on the Social Media platform X, stating, "Amazon Web Services' 20 billion USD investment in data centers in Australia will lay the foundation for our future, promoting our economy and productivity, representing a huge vote of confidence in the Australian economy."

Currently, major global Technology companies are expanding their infrastructure to support the rapidly growing demand for generative artificial intelligence and cloud computing.

Companies like Amazon, Microsoft, and Google have been increasing their investments in data centers to ensure market share and meet the demands of artificial intelligence workloads.

This Monday (June 9), Amazon announced plans to invest at least 20 billion US dollars in Pennsylvania to expand its data center infrastructure, which is part of the billions of dollars this technology giant is investing in its artificial intelligence expansion.

At the beginning of June, the company also stated that it would invest 10 billion US dollars in North Carolina and announced plans to invest more than 5 billion US dollars in new cloud infrastructure in Taiwan.

Editor/rice

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment