June 14 (Reuters) - Amazon ( AMZN ) will invest 20
billion Australian dollars ($12.97 billion) from 2025 to 2029 to
expand, operate and maintain its data center infrastructure in
Australia, aiming to bolster the nation's artificial
intelligence capabilities, the company said in a blog post on
Saturday.
The investment is Amazon's ( AMZN ) largest global technology
commitment in Australia, with funding directed toward new server
capacity and support for generative AI workloads.
The company also said that it is investing in three new
solar farms in Victoria and Queensland, and will commit to
purchase a combined capacity of more than 170-megawatts across
the three solar farms.
The move comes amid a global push by major tech
companies to build out infrastructure to support rapidly growing
demand for generative AI and cloud computing.
Companies like Amazon ( AMZN ), Microsoft ( MSFT ) and Google
have been ramping up data center investments to secure
market share and meet AI workload requirements.
($1 = 1.5418 Australian dollars)