Amazon Web Services (AWS), the cloud computing arm of Amazon, has revealed plans to invest 15.7 billion euros in data centers in Spain’s Aragon Region. This significant investment will support the company’s expansion efforts in the country.
This new investment plan supersedes a previous announcement made in 2021, where Amazon had committed 2.5 billion euros towards its operations in Spain. The tech giant also stated that this investment would generate an average of 17,500 jobs in local businesses annually until 2033. Additionally, Amazon has pledged to power its data centers in Spain entirely with renewable energy sources.
The government of Aragon applauded the investment, highlighting that it will unfold over a decade in a region that is already a key hub for Amazon in Spain. The government described the plan as the largest technological investment in Spain and southern Europe. Minister of Digital Transformation, José Luis Escrivá, emphasized that AWS’s decision to invest in Spain positions the country at the forefront of technological innovation and artificial intelligence in Europe.
Apart from Amazon, other major cloud providers like Microsoft’s Azure have been making substantial investments in expanding their data center infrastructure across Europe. In February, Microsoft announced a $2.1 billion investment in expanding its artificial intelligence and cloud infrastructure in Spain over the next two years. The company’s vice president and president, Brad Smith, emphasized that this investment reflects Microsoft’s commitment to Spain’s security, development, and digital transformation.
In conclusion, Amazon Web Services’ significant investment in data centers in Spain’s Aragon Region demonstrates the company’s commitment to expanding its presence in the country and supporting local economic growth. The move aligns with the broader trend of technology giants investing in cloud infrastructure and artificial intelligence capabilities across Europe, signaling a continued focus on digital innovation and technological advancement in the region. With a focus on renewable energy and job creation, Amazon’s investment is not only a strategic business decision but also a positive contribution to Spain’s technology sector and overall economy.
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https://timesofindia.indiatimes.com/technology/tech-news/amazon-web-services-to-make-largest-technology-investment-in-spain/articleshow/110339609.cms