Amazon, opens new tab announced in a blog post on Saturday that it will invest A$20 billion ($12.97 billion) between 2025 and 2029 to build, manage, and maintain its data center infrastructure in Australia, enhancing the country’s artificial intelligence capabilities.
With the money going toward more server capacity and support for generative AI workloads, the investment represents Amazon’s largest worldwide technology commitment in Australia.
Additionally, the business is investing in three new solar farms in Victoria and Queensland, and it plans to purchase a total of over 170 megawatts of capacity across the three farms, the statement continued.
To meet the quickly increasing demand for cloud computing and generative AI, major IT businesses around the world are developing their infrastructure.
In an effort to gain market share and satisfy the demands of the AI workload, companies like as Amazon, Microsoft, and Google have been increasing their expenditures in data centers.
In addition to the billions of dollars the internet giant has already committed to the development of artificial intelligence, Amazon revealed plans on Monday to invest at least $20 billion in Pennsylvania to build data center infrastructure.
The corporation revealed plans to invest over $5 billion in its new cloud infrastructure in Taiwan and stated it will invest $10 billion in North Carolina in early June.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
