Amazon has unveiled plans to invest A$20 billion between 2025 and 2029 to expand, operate, and maintain its data center infrastructure in Australia. This marks the largest publicly announced global technology investment in the country’s history, aimed at strengthening Australia’s cloud computing and AI capabilities.
Boosting AI and Cloud Innovation
Australian Prime Minister Anthony Albanese welcomed the investment, stating:
“We’re taking advantage of the AI revolution—the Australian way. This is a huge vote of confidence in the Australian economy.”
The investment aligns with Australia’s vision to become a global AI leader, ensuring local data residency and regulatory compliance while supporting businesses and startups.
Renewable Energy Commitment
To support its expanded cloud infrastructure, Amazon is investing in three new solar farms in Victoria and Queensland, delivered by European Energy. This builds on Amazon’s A$467 million renewable energy investment from 2020 to 2022.
Amazon’s Long-Term Commitment
Matt Garman, CEO of Amazon Web Services (AWS), emphasized the company’s dedication to Australia’s technological growth:
“AI is a once-in-a-generation transformation, and Amazon is pleased to be empowering all Australians to innovate at scale through this investment.”
Economic Impact
According to the Department of Industry, Science and Resources, AI and automation are projected to contribute up to A$600 billion annually to Australia’s GDP by 2030.
For more details, visit Amazon’s official announcement.
