From Yahoo Finance: 2025-06-14 15:27:00

Amazon announced a $12.97 billion investment in Australia from 2025 to 2029 to expand data center infrastructure, focusing on artificial intelligence. This is Amazon’s largest global tech commitment in Australia, with funds for new server capacity and generative AI. They will also invest in three new solar farms in Victoria and Queensland.

Major tech companies like Amazon, Microsoft, and Google are investing heavily in data center infrastructure to support the growing demand for generative AI and cloud computing. Amazon’s move comes as part of a global trend to meet AI workload requirements and secure market share in the tech industry.

This investment underscores Amazon’s commitment to bolstering Australia’s artificial intelligence capabilities and supporting the nation’s technological advancement. With new server capacity and solar farm investments, Amazon aims to meet the increasing demand for generative AI and cloud computing services. Tech giants like Amazon, Microsoft, and Google continue to ramp up data center investments to stay ahead in the AI race.

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