Amazon Web Services plans to allocate $17.02 billion for the expansion of data centres in Spain.

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Amazon Web Services plans to allocate .02 billion for the expansion of data centres in Spain.

Amazon Web Services (AWS), the cloud computing division of tech giant Amazon, has announced a significant investment of 15.7 billion euros ($17.02 billion) in data centers in the Spanish region of Aragón. This investment plan replaces a previous commitment made in 2021 to invest 2.5 billion euros in the country. The timeline for the disbursement of this new investment has not been specified by the company. AWS is updating its growth plan in Spain through this substantial investment in data centers, further solidifying its presence in the region. This move demonstrates Amazon’s continued commitment to expanding its cloud computing services and infrastructure in Spain.

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https://www.marketscreener.com/quote/stock/AMAZON-COM-INC-12864605/news/Amazon-Web-Services-to-invest-17-02-bln-in-data-centres-in-Spain-46792715/