Amazon to Invest Nearly $13 Billion in Data Centers in Australia
Amazon 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.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
I Would Put $5,000 Into These Stocks and Never Sell
Amazon's diversified business and multiple revenue streams help ensure its long-term success. The company uses its e-commerce business to fund innovative, higher-margin ventures. Visa enjoys organic growth from its global payments system because of the network effect. 10 stocks we like better than Amazon › My investing strategy has always been to buy a stock and plan to hold it for decades. In some cases, parting ways with a stock is needed if the business fundamentally changes for the worse, but for the most part, the real value comes over the long run. Buying shares with the intention of holding them makes it easier to accept the inevitable ups and downs and focus on the long-term value you'll (ideally) receive from them. Letting time and compound earnings do the heavy lifting is one of the surest ways to build wealth in the stock market. With $5,000 to invest (or any amount, really), I would put it into the following two companies and not look back. They operate in different industries, but are both poised to continue being great businesses for the long haul. Amazon (NASDAQ: AMZN) has been one of the premier growth stocks over the past 20 years, up around 11,600% compared to the S&P 500's 400% gains over that span. Although Amazon is undoubtedly known for its bustling e-commerce business, it has evolved into one of tech's most thorough conglomerates. The once-humble online bookseller has now ventured into e-commerce, cloud computing, media and entertainment, and advertising. E-commerce continues to be a massive moneymaker, with its North America and International segments combining for over $126 billion in sales in the first quarter -- this includes subscription revenue, third-party sellers, and more. For perspective, that's more than AT&T made in its last four quarters combined, and nearly double Amazon's total revenue just six years ago. Having e-commerce as the engine that fuels other business ventures has allowed the company to invest heavily in high-growth segments and focus on innovation. The one that has benefited the most is its cloud service, Amazon Web Services (AWS). AWS is the world's largest cloud platform and has been a major growth driver over the past decade. So much so that as a stand-alone company, AWS would easily be one of the top 100 revenue-generating public companies in the world. It will continue to be Amazon's profit maker, but other segments, such as Amazon Prime, its various healthcare ventures, advertising, and its logistics network offer significant long-term upside. Amazon has become one of the best companies at diversifying its business and revenue streams, better prepping it to withstand whatever economic conditions come its way. If you're looking for a stock to hold for the long haul, that's one quality you want to look for. Visa (NYSE: V) is a stock that I've committed to consistently buying because it's arguably the most important company in the global payments ecosystem. And it has become that by simply playing middleman, connecting consumers, businesses, and banks. As of the beginning of this year, Visa had 4.8 billion payment credentials (cards, digital wallets, etc.), was accepted by over 150 million merchants, and issued cards for around 14,500 financial institutions. That's a large reach that even its next closest competitor, Mastercard, won't be able to touch for quite a while. Since Visa operates only the payment network and doesn't issue cards or offer credit, its business is able to operate with high margins and minimal credit risk. If you own a Chase credit card in Visa's network and decide not to pay your balance, you owe Chase, not Visa. Operating as a high-margin, relatively low-risk business has given it the free cash flow it needs to continue expanding its payment network and investing in other financial innovations. Visa receives a boost with the payment network due to the network effect. It is the most widely accepted card, so people prefer to own its cards; and it's the most widely owned card, so businesses prefer to accept Visa. Network effects aside, it's essential that the company maintains an innovative mindset because the payments landscape is rapidly changing with the introduction of new technologies. Luckily, Visa has shown that it's not in the business of complacency, which is what you want from the industry leader and the stock you plan to hold on to for the long haul. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. JPMorgan Chase is an advertising partner of Motley Fool Money. Stefon Walters has positions in Visa. The Motley Fool has positions in and recommends Amazon, JPMorgan Chase, Mastercard, and Visa. The Motley Fool has a disclosure policy. I Would Put $5,000 Into These Stocks and Never Sell was originally published by The Motley Fool

Yahoo
32 minutes ago
- Yahoo
Roku stock surges on Amazon Ads partnership
-- Roku shares surged 9.8% premarket on Monday after the company announced an exclusive partnership with Amazon (NASDAQ:AMZN) Ads, creating what the firms describe as the 'largest authenticated Connected TV (CTV) footprint in the U.S.' According to the joint statement, the new integration gives advertisers access to an estimated 80 million U.S. CTV households—more than 80% of the total—through Amazon's demand-side platform (DSP). The partnership is said to connect logged-in audiences across Roku (NASDAQ:ROKU) and Fire TV devices, as well as top streaming apps including The Roku Channel, Prime Video, Disney (NYSE:DIS), FOX, Paramount+, Pluto TV, Tubi, and WarnerBros Discovery (NASDAQ:WBD). 'Our exclusive partnership with Roku is a giant leap for advertisers bringing best-in-class planning, audience precision, and performance to TV advertising,' said Paul Kotas, senior vice president at Amazon Ads. The collaboration enables advertisers to use Amazon DSP's proprietary technology to target and measure campaigns across streaming platforms with increased precision. Early testing is said to have shown that advertisers reached 40% more unique viewers with the same budget while cutting ad frequency by nearly 30%. Charlie Collier, president of Roku Media, said the deal delivers 'a unified, future-ready solution at an unprecedented scale.' He added, 'Together we're uniquely positioned to prove performance and differentiate DSP offerings for our shared advertisers and marketers.' Related articles Roku stock surges on Amazon Ads partnership The Trade Desk stock falls on Amazon-Roku partnership concerns Leerink starts coverage on Boston Scientific and Medtronic with bullish ratings Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
32 minutes ago
- Yahoo
Want to prepare for generative AI? Get your knowledge base up to par
This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. The rise of generative AI-powered search engines and agents is poised to change how people interact with brands, from buying products to seeking customer service. The technology is still in the early days, and no one can say just how the generative AI future will pan out. However, experts encourage CX leaders to prepare for however AI models evolve by putting a proper knowledge sharing strategy in place. 'Inaction is a big risk,' Brett Leary, generative AI transformation and global retail lead at Accenture, told CX Dive. 'You do have the opportunity to do something now in terms of making sure your site is accessible to these models.' Third-party customer service is already immensely popular. Consumers say that, on average, they successfully find the answers they need through third parties like YouTube or Google 62% of the time, according to a Gartner survey of more than 5,800 people released earlier this month. Generative AI is making its mark as younger customers add AI tools to their third-party customer service mix. Gen Z, for example, uses ChatGPT as often as video sites like YouTube before they interact with customer service channels, according to Gartner's research. Consumers have interest in AI shopping agents as well, with three-quarters saying they would be open to using a trusted AI-powered personal shopper that understands their needs, according to a June Accenture survey of 18,000 people in 14 countries. Generative AI adoption is on the rise among consumers, and CX leaders have an opportunity to prepare their operations to keep up with how customers are viewing their information. Information is the lifeblood of AI tools whether they are first or third party, which makes it paramount for leaders to prepare their knowledge base with AI in mind, according to Keith McIntosh, senior principal quantitative researcher on the customer service and support team at Gartner. 'It's the common denominator, whether a customer is accessing knowledge through a third-party aggregator, gen AI third-party aggregator, or whether they're going to your site and using your company search, they need knowledge, and they need the right knowledge,' McIntosh told CX Dive. The large language models behind third-party AI tools act similarly to the web crawler bots that power traditional search engines, according to Leary. They visit brand sites and capture information that can be used to train AI models, which influences the results provided to end users. As a result, CX leaders need to think about how LLMs as well as customers will read their pages, according to Leary. One way to appeal to both people and machines is to make sure the information featured on a site is presented clearly and confidently. 'Are we answering people's questions in an authoritative type of view?' Leary said. 'These LLMs, as we're learning, are looking for that type of content to use as they go and respond to questions, and so you start to think about the impact on your content strategy.' Ensuring product and service knowledge is both comprehensive and accurate a top priority whether customers discover it on the brand website, a search engine or a generative AI assistant, according to McIntosh. 'We're encouraging organizations to make themselves the main source of truth on their products and services, and to invest in a quality knowledge management system because it's relevant regardless of where customers are getting their answers,' McIntosh said. Perhaps the biggest challenge of consumers turning to third-party AI tools is dealing with the loss of control. Individual companies have little to no control over the experience of customers who use Google or ChatGPT to seek out information. However, this may not be as big a problem as it appears. There is no correlation between the amount of effort a customer puts into solving a problem via third-party services and the satisfaction with the service provided by the company, according to Gartner's survey. Customers simply don't penalize companies for the effort they put into resolving an issue through external sites. While brands won't have complete control over what third parties do with their content, partnerships with AI providers can help companies ensure the information AI agents provide customers is accurate, according to Leary. Retailers like Target are working with OpenAI to test its Operator agentic AI, which can shop directly on behalf of customers. Such partnerships could help these companies join the upcoming AI ecosystem with the right foot forward. Content in general will be important as well, according to Leary. Brands will still control the information they put on their sites, and that is what generative AI will draw from even as it acts on behalf of customers. Leaders can't police the internet, according to Leary. As a result, their best bet is to deliver accurate content to third-party LLM providers to help ensure their output provides a good experience. 登入存取你的投資組合