On Wednesday, leaders will gather during the G7 summit in Canada, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union. Currently, Australian Prime Minister Anthony Albanese is in Seattle engaging with business leaders about enhancing collaboration between the US and Australia, particularly in emerging technologies like artificial intelligence.
While speaking from Amazon’s Seattle headquarters, Albania expressed optimism for “constructive engagement” with the US President. He anticipates building upon the positive phone discussions they’ve previously had. Albanese highlighted that he intends to address topics such as tariffs and the AUKUS partnership during their discussions, underscoring the importance of open dialogue between friends.
During these talks, Amazon announced plans to significantly increase its investment in Australia by up to $20 billion. This funding will primarily focus on improvements in artificial intelligence at Amazon’s major centres located in Victoria and Sydney. Additionally, the discussions will cover the level of US investment in Australia, particularly given that many Australian products exported to the US still face challenges.
Overall, the G7 summit and Albanese’s ongoing talks in Seattle reflect a commitment to strengthening ties and leveraging technological advancements between the two nations.