Amazon has announced plans to invest $13 billion over the next five years to expand its data Centre infrastructure across Australia, marking the largest single investment by a global technology company in the country to date.
The funds will be directed towards building artificial intelligence-driven data centres through 2029, as demand for cloud computing and generative AI continues to surge.
The partnership was announced through a press release, which emphasized the project’s expected impact on national productivity, employment, and digital capability.
“This investment will generate economic opportunity for Australians, including skilled jobs and infrastructure that can support complex AI and supercomputing applications,” said Prime Minister Anthony Albanese.
The Department of Industry, Science and Resources projects AI and automation could contribute up to $391 billion to Australia’s GDP annually by 2030.
https://x.com/AlboMP/status/1934012369451295080
