June 18, 2025

news   Read News
Amazon $13 Billion AI Investment, Nvidia Stock Surge, Google AI Charter

Several major developments are shaping the AI landscape. Amazon is making a substantial investment of approximately $13 billion (AU$20 billion) in Australia between 2025 and 2029 to bolster the country's AI infrastructure, including data centers and solar farms. This represents Amazon's largest technology investment in Australia to date. Google is also actively engaged, having presented its AI Safety Charter for India at the Google India Summit, emphasizing trust and security in the digital economy and working on watermarking AI-generated content to combat misinformation. Meanwhile, Nvidia's stock is nearing record highs, driven by strong demand for its AI chips, even amidst restrictions on sales to China, and the company is expanding its reach through global AI deals and investments in robotics. In the United States, Texas is considering tech-related bills, including updates to its AI governance act, while Capterra's research indicates a growing use of AI in HR, though skills gaps remain a challenge. Cognizant is leveraging AI to transform healthcare, improving drug discovery and streamlining processes. However, concerns about AI risks persist, with Geoffrey Hinton, the 'Godfather of AI,' warning about potential misuse and even existential threats. On a positive note, AI is showing promise in healthcare, enhancing the detection of eye disorders and speeding up cancer diagnosis and treatment.

Key Takeaways

  • Amazon is investing approximately $13 billion in Australia from 2025-2029 to expand AI infrastructure.
  • Google introduced an AI Safety Charter for India, focusing on trust and security.
  • Nvidia's stock is surging due to high demand for its AI chips.
  • Texas is considering AI-related legislation, including updates to the Texas Responsible Artificial Intelligence Governance Act (TRAIGA).
  • Capterra's survey reveals that 43% of HR leaders report AI skill gaps among their staff.
  • Cognizant is using AI to drive data-driven transformations in healthcare, improving drug discovery and clinical trials.
  • Geoffrey Hinton warns of potential AI risks, including misuse and existential threats.
  • AI is improving the accuracy of eye disorder detection, achieving a 93.6% accuracy rate.
  • Researchers at VCU Massey Comprehensive Cancer Center developed an algorithm to improve cancer treatment options.
  • Google is committed to adding watermarks to AI-created content to fight misinformation.

Amazon invests $13B in Australia for AI data centers

Amazon plans to invest A$20 billion ($12.97 billion) in Australia from 2025 to 2029. This investment will expand and maintain data centers to improve Australia's AI abilities. It marks Amazon's largest technology investment in the country. The money will go towards new servers and supporting generative AI. Amazon is also investing in three new solar farms to power these data centers.

Amazon invests $13B in Australia for AI data centers

Amazon will invest A$20 billion ($12.97 billion) in Australia between 2025 and 2029 to improve the country's AI. This is Amazon’s biggest tech investment in Australia. The money will be used for new servers and to support generative AI. Amazon is also investing in three new solar farms in Victoria and Queensland to power the data centers.

Amazon boosts AI with $13B investment in Australia

Amazon plans to invest A$20 billion ($13 billion) in Australia from 2025 to 2029. This investment will strengthen the country's AI infrastructure. It is Amazon's largest technology investment in Australia. The money will enhance cloud computing and AI capabilities. Amazon will also invest in three new solar farms to power its AI infrastructure.

Amazon invests in Australia for AI innovation

Amazon will invest AU$20 billion ($13.08 billion) by 2029 to expand its cloud and data center infrastructure in Australia. This investment aims to boost the country's AI growth and digital modernization. Amazon will also build three new solar farms to power its infrastructure. AWS has trained over 400,000 Australians since 2017 to develop digital skills.

Google unveils AI Safety Charter for India

Google presented its Safety Charter for India’s AI transformation at the Google India Summit in New Delhi on Tuesday, June 17, 2025. The event included discussions with experts like Rama Vedashree and addresses by officials such as Chandrika Kaushik and Preeti Lobana. The charter aims to address challenges in the online world through collaboration.

Google says India is a digital powerhouse

Google India's head, Preeti Lobana, says India's digital economy is strong. She says trust and security are key for growth in the AI era. Google is committed to a rich digital environment for Android and the Play Store. The company is working to add watermarks to AI-created content to fight misinformation. Google sees India as a critical market and aims to help the country's economic growth.

Texas Tech and AI bills await governor's decision

Texas lawmakers have sent 10 tech-related bills to Governor Abbott for approval. These include updates to the Texas Responsible Artificial Intelligence Governance Act (TRAIGA). One bill would create an AI division within the state. Another requires cybersecurity and AI training for government employees. If Abbott does not sign or veto them by June 22, the bills become law on Sept. 1.

Nvidia stock jumps closer to record high

Nvidia stock increased by 2% on Monday, nearing its all-time high. The company is doing well because of strong sales of its AI chips. These chips are bought by big companies and countries building their own AI systems. Nvidia recently held its GTC Paris event. Despite a ban on selling chips to China, Nvidia's revenue is strong due to sales of its new Blackwell chips.

AI skills gaps hinder HR's use of AI says Capterra

Capterra's 2025 HR Software Trends Survey shows AI is being used more in HR. However, 43% of HR leaders say their staff lacks the AI skills needed to use HR software with AI. Many HR leaders say training and upskilling employees is a main challenge. The survey also found that AI-powered HR tech can increase employee satisfaction.

Cognizant powers health care's data revolution with AI

Cognizant is helping transform health care into a data-driven industry using AI. Surya Gummadi, president of Cognizant Americas, says AI improves drug discovery, clinical trials, and reduces costs. AI can now complete tasks like provider credentialing in hours instead of weeks. Cognizant's platforms are used by two-thirds of the U.S. insured population. The company focuses on using AI to improve business outcomes for its clients.

AI 'godfather' says AI could displace humans

Geoffrey Hinton, known as the "Godfather of AI," says AI is becoming increasingly risky. He estimates a 10% to 20% chance that AI could wipe out humanity. Hinton also warns about the misuse of AI, including deepfakes and scams. He advises people to diversify their money and back up their data to protect against AI-related threats. Hinton quit his job at Google to speak freely about AI risks.

Nvidia builds AI momentum before earnings report

Analysts predict Nvidia's stock could reach $200-$220 per share. This is due to strong demand for its AI hardware. There is a possibility that chip exports to China may resume. Nvidia is also expanding globally with AI deals in Europe and the Middle East. The company invested in robotics startup Skild, showing its interest in autonomous systems and industrial AI.

AI improves detection of eye disorders

A new AI system can accurately identify eye disorders using a single fundus image. The system distinguishes between optic disc swelling caused by different conditions. It has a 93.6% accuracy rate. This tool can help healthcare providers in areas with limited resources. The AI system was trained using over 15,000 images.

AI speeds up cancer diagnosis and treatment

Researchers at VCU Massey Comprehensive Cancer Center created a new algorithm. This algorithm helps determine the best treatment options for cancer patients. It also helps with prescribing medicines.

Sources

Amazon Australia AI Data Centers Investment Generative AI Solar Farms Cloud Computing Digital Modernization AWS Digital Skills Google India AI Safety Charter Digital Economy Trust Security Misinformation AI-created Content Watermarks Texas AI Governance Cybersecurity Government Employees Nvidia AI Chips GTC Paris Blackwell Chips HR Capterra AI Skills Gap Employee Satisfaction Cognizant Healthcare Data Revolution Drug Discovery Clinical Trials Geoffrey Hinton AI Risks Deepfakes Scams Eye Disorders Diagnosis Treatment Cancer Algorithm Autonomous Systems Robotics Industrial AI