Amazon recently revealed plans to invest an additional €10 billion into its cloud infrastructure and logistics network in Germany, further expanding its footprint across Europe. Following a meeting with German Chancellor Olaf Scholz, Amazon CEO Andy Jassy shared that a significant portion of this investment will go towards the development center in Berlin. This move demonstrates Amazon’s commitment to continued growth and investment in Germany, supporting innovation, customers, employees, and local communities.
Specifically, Amazon intends to allocate €8.8 billion to enhance and maintain its cloud infrastructure for its Amazon Web Services (AWS) business in the Frankfurt region by 2026. This investment aims to address the increasing demand for AWS technologies in the region. With this latest capital injection, Amazon’s total investment in Germany since 2010 will amount to €77 billion. This significant financial commitment underscores the company’s long-standing presence and dedication to the German market.
In addition to the investment in cloud infrastructure, Amazon also announced a €7.8 billion investment in the AWS European Sovereign Cloud, with its base set to be in Germany. This strategic move aligns with Amazon’s goal of reinforcing its cloud computing capabilities in the region. Combined with the latest investment, Amazon has now pledged a total of €17.8 billion towards various projects in Germany, solidifying its position as a key player in the country’s technology landscape.
Furthermore, Amazon has positioned itself for growth in other European markets as well. In May, AWS revealed plans to invest €15.7 billion in Spain by 2033 and €1.2 billion in France, underlining its commitment to expanding its cloud infrastructure and services across Europe. These investments in Spain and France, along with the significant funding earmarked for Germany, underscore Amazon’s broader strategy of reinforcing its cloud capabilities and meeting the evolving needs of customers in the region.
Overall, Amazon’s latest investment in Germany reflects its ongoing commitment to fostering innovation, supporting customers, creating job opportunities, and contributing to local communities. By injecting significant funds into its cloud infrastructure and logistics network, Amazon aims to strengthen its presence in Germany and solidify its position as a leading technology company in Europe. Through strategic investments and partnerships, Amazon continues to drive growth and innovation, further establishing itself as a key player in the global tech industry.
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https://www.mobileworldlive.com/big-tech/amazon-to-pour-e10-billion-into-germany-for-cloud-expansion/
