Amazon to Invest $13 Billion in Australia's AI and Cloud Infrastructure

According to Cointelegraph, Amazon has announced plans to invest over $13 billion in Australia's artificial intelligence and cloud infrastructure by 2029. This significant investment, amounting to 20 billion Australian dollars, marks the largest technology investment in the country by a global company. The funds will be directed towards expanding, operating, and maintaining Amazon Web Services (AWS) data centers across Australia. Australian Prime Minister Anthony Albanese highlighted the importance of this investment, stating that it represents a major opportunity for the nation to enhance its AI capabilities using secure and resilient infrastructure source: https://www.binance.com/en/square/post/25691870764313?utm_source=BinanceNewsRSS