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Stock impact report

Amazon to Build High-Security Data Center for Australia [BNN Bloomberg (Canada)]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: BNN Bloomberg
Deputy Prime Minister Richard Marles announced the partnership with Amazon Web Services, the company's cloud division, at a press conference in Canberra on Thursday morning, saying the government would invest at least A$2 billion ($1.3 billion) over the next decade in the new system. The location of the data centers and the nature of information they will be holding weren't disclosed. “This cutting-edge technology will enhance Defence's resilience,” Marles, who is also defense minister, said in a statement. It will also improve the Australian Defence Force's war-fighting capacity, strengthen interoperability with key international partners and deliver up to 2,000 Australian jobs, he said. Under the agreement, Amazon will construct three facilities around Australia “purpose-built” to store top secret information largely from the country's defense and intelligence agencies. AWS announced in 2021 that it had signed a NZ$7.5 billion ($5.3 billion) deal to build similar centers in N Show less Read more
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