Amazon will invest $13 billion in the five years through 2029 to build data centers in Australia, the biggest ever investment by a global tech company in the country.

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.

Amazon.com Inc. plans to invest A$20 billion ($13 billion) in Australia between this year and 2029 to develop its data-center infrastructure.

Amazon and Roku think they can sell more digital ads if they team up to do it. The two streaming giants, which control the Amazon Fire broadband interface and the streaming Roku Channel, respectively,

Key Takeaways Roku shares surged Monday after the company announced a partnership with Amazon Ads.The move gives Amazon advertisers access to an estimated 80 million connected TVs in the U.S.The technology is expected to be made available to advertisers using Amazon's demand-side platform by the fourth quarter of 2025.