Amazon to Invest Nearly $13 Billion in Data Centers in Australia
Amazon AMZN -0.53%decrease; red down pointing triangle plans to invest about $13 billion to expand its Australian data center infrastructure, as it seeks to meet the boom in global demand for artificial-intelligence computing.
The investment of 20 billion Australian dollars, the equivalent of $12.97 billion, through 2029 will strengthen the country's cloud computing and AI capabilities to support strong demand from customers, the Seattle-based tech giant said Saturday.
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