Amazon.com Inc. has announced plans to invest 10 billion euros, equivalent to $10.7 billion, in expanding its cloud infrastructure and logistics network in Germany. The company, known as the world’s largest provider of cloud computing and data storage services, is looking to further enhance its presence in the European market. This significant investment demonstrates Amazon’s commitment to expanding its operations in Germany and improving its cloud services. The technology giant has been rapidly expanding its cloud capabilities and network worldwide, and this latest investment will allow them to continue to grow and meet the increasing demand for their services. Germany has become an important market for Amazon, and this investment will further strengthen its position in the country. The expansion of Amazon’s cloud infrastructure and logistics network in Germany will not only benefit the company but also provide opportunities for economic growth and job creation in the region. Amazon’s continued investment in Germany is a positive development for the country’s technology sector and will contribute to its overall economic development.
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https://www.digitimes.com/news/a20240620VL207.html
Amazon Announces Additional €10 Billion Investment in German Cloud and Logistics Operations
