Amazon plans to invest more than €16bn ($18bn) in Germany in 2027, covering cloud, AI, satellite communications, logistics, and media production.
The planned one-year spending adds to the more than €100bn the company reports investing in the country since 2010.
The US tech and e-commerce firm will allocate €4.8bn to expand the Amazon Web Services (AWS) Europe (Frankfurt) Region in response to business demand for cloud and AI services.
It is also opening a second Berlin research facility focused on robotics and AI.
The centre will employ applied scientists, robotics hardware engineers, software engineers, and systems engineers developing automated tools for logistics facilities.
Amazon chief global affairs and legal officer David Zapolsky said: “Germany is a hub of innovation and one of the most attractive investment opportunities in Europe. That is why we have invested more than €100bn here since 2010, and why we plan…
https://finance.yahoo.com/technology/articles/amazon-plans-16bn-investment-across-122229364.html
