Amazon Web Services (AWS), the cloud computing unit of Amazon, has announced a significant investment of 15.7 billion euros in data centers in Spain’s Aragon region. This investment, set to take place over the next 10 years, marks a major expansion for the tech giant in Spain and southern Europe. The plan, which replaces a previous 2.5 billion euro investment announced in 2021, is expected to create around 17,500 jobs at local businesses per year through 2033.
The Minister of Digital Transformation, José Luis Escrivá, highlighted the importance of AWS’s decision to choose Spain, stating that it positions the country at the forefront of technological innovation, particularly in areas such as Artificial Intelligence. AWS also emphasized its commitment to sustainability, noting that its data centers in Spain will be powered entirely by renewable energy.
The move by Amazon reflects a broader trend in the cloud computing industry, with other major players like Microsoft’s Azure also investing heavily in expanding data center infrastructure across Europe. These companies are recognizing the growing demand for cloud services and are strategically locating data centers in key regions to meet this demand.
Overall, AWS’s investment in Spain represents a significant boost for the country’s digital economy and positions it as a key player in the rapidly growing cloud computing market. The creation of thousands of new jobs and the focus on renewable energy also aligns with Spain’s goals for economic growth and sustainability. With this substantial investment, Spain is poised to become a hub for cloud computing and technological innovation in Europe.
Article Source
https://uk.finance.yahoo.com/news/amazon-services-invest-17-02-093507768.html
:max_bytes(150000):strip_icc()/GettyImages-1232270762-53acb3cadc2045a185a0fcf28e840b23.jpg?w=1200&resize=1200,0&ssl=1 "Amazon Adds to Big Tech’s Nuclear Push")
