Amazon has announced plans to invest A$20 billion between 2025 and 2029 to expand, operate and maintain its data centre infrastructure in Australia.
The new deal is expected to strengthen Australia’s cloud and AI capabilities in what will be the country's largest publicly announced global technology investment.
“We’re taking advantage of the AI revolution - the Australian way,” Australian Prime Minister, Anthony Albanese, posted to X.
“This is a huge vote of confidence in the Australian economy.
“Australia is already a leader in technology, and we’re keeping our eyes on the future while putting Aussie jobs front and centre.”
To support its expansion of local cloud infrastructure, Amazon is investing in three new solar farms. European Energy will deliver solar farms in Victoria and Queensland.
This builds upon Amazon's $467 million renewable energy investment from 2020 to 2022.
Amazon Web Services CEO, Matt Garman, said the investment would deepen Amazon's long-term commitment to Australian organisations' development and growth.
“We’re proud to be expanding our world-class data centre infrastructure, bringing more renewable energy projects online, and supporting the country’s vision to be a global AI leader,” he said.
“AI is a once-in-a-generation transformation, and Amazon is pleased to be empowering all Australians to innovate at scale through this investment.”
The deal occurred as Albanese met with Garman on a stopover in Seattle on the way to the G-7 summit in Canada.
According to the Department of Industry, Science and Resources, AI and automation are estimated to contribute up to A$600 billion annually to Australia’s GDP by 2030.
