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Category: CRYPTO NEWS
The post Amazon powers AI growth with major clean energy push in Australia appeared on BitcoinEthereumNews.com. Amazon.com Inc. will invest A$20 billion ($13 billion) in Australia between 2025 and 2029 to expand its data center infrastructure, which Prime Minister Anthony Albanese called the largest-ever tech investment in the country by a global firm. The prime Minister welcomed Amazon Web Services’ investment to expand data center infrastructure in Sydney and Melbourne, calling it the largest-ever tech investment in the country by a global provider. He emphasized the project’s role in strengthening Australia’s AI capabilities, creating skilled jobs, and supporting high-performance computing infrastructure. The funds will boost cloud computing capacity and support Australia’s growing demand for artificial intelligence, Amazon said in a statement. The investment will center around its existing Sydney and Melbourne data centers. Albanese met with Amazon Web Services CEO Matt Garman on Saturday in Seattle ahead of the G-7 summit in Canada, where the deal was highlighted as a milestone in digital cooperation. Garman highlighted the company’s commitment to helping Australian organizations leverage generative AI. He said the investment will strengthen data infrastructure, increase renewable energy use, and support Australia’s ambition to become a global AI leader. Industry and Innovation Minister Tim Ayres welcomed the investment in an interview with Sky News Australia, calling it a “very significant” step for the nation’s digital infrastructure. “It’s in Australia’s interests to lean into the opportunity,” Ayres said. “We must be makers of the technology as well as takers.” Amazon powers AI growth with major clean energy push in Australia As part of the expansion, Amazon will also build three new solar farms in Victoria and Queensland to power the growing infrastructure and support its clean energy goals. Amazon will commit to buying a combined capacity of more than 170 megawatts across these farms. Amazon operates eight solar and wind energy projects across New South Wales, Queensland, and…
2025-06-15T02:37:33+00:00