Amazon invests 13 billion dollars: Australia in a data frenzy for the future!

Amazon invests 13 billion dollars: Australia in a data frenzy for the future!

Amazon is planning significant investments in Australia, expected to total almost $13 billion. This initiative will span the period from 2025 to 2029 and is primarily aimed at expanding and operating data centers. The company would like to use these funds to create new server capacities and, in particular, to support the area of ​​generative artificial intelligence (AI). These plans come at the right time as Australia looks to expand its digital footprint and Amazon, as one of the leading technology companies, could play a central role in this.

Australian Prime Minister Anthony Albanese spoke positively about Amazon's investment plans, highlighting their importance to the national economy.

Growth figures and market position

In 2024, Amazon achieved impressive revenues of 637.96 billion dollars, which is approximately 555 billion euros. The annual profit was 59.3 billion dollars (51.6 billion euros). Amazon is thus consolidating its position as one of the most valuable companies in the world and is behind the likes of Microsoft, Apple and Nvidia. The stock market valuation is currently at $2.25 trillion, while the number of employees was around 1.56 million at the end of 2024.

The fortune of Jeff Bezos, the founder of Amazon, was most recently estimated at $226.8 billion. Bezos, who ranks behind Elon Musk in the billionaire ranking, owns around ten percent of Amazon shares, which is worth around $220 billion. In addition to his work at Amazon, Bezos is also the owner of the Washington Post and the space company Blue Origin. MacKenzie Scott's 2019 divorce was the most expensive in history, as she received a quarter of Amazon shares worth over $38 billion.

Technological progress and future prospects

Amazon's planned investments in Australia are seen as a strategic move to strengthen the country's technological infrastructure. The creation of new server capacity will not only support the direct operations of Amazon Web Services (AWS), but also impact the entire technological landscape in Australia. With a focus on generative AI, expectations are high that this initiative will create new opportunities for business and innovation in the Australian market.

Further details can be found in the reports from Focus and Retail News be read.