Amazon Invests $13B in AI Data Centers in Australia by 2029

Online retail and cloud computing giant Amazon plans to invest more than $13 billion in Australia’s artificial intelligence and cloud infrastructure, the company announced on Saturday.

Amazon plans to invest 20 billion Australian dollars ($13.4 billion) by 2029 to expand Australia’s AI and cloud capabilities, marking the country’s largest publicly announced technology investment to date by a global company.

The investment will go toward expanding, operating and maintaining Amazon Web Services (AWS) data centers in the country.

“This is the…