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Amazon to invest over €16 billion in Germany next year
The plan includes 4.8 billion euros for AWS cloud capacity and more than 3,000 jobs from logistics projects, Amazon said.
- On Tuesday, Amazon announced a €16 billion investment in Germany at the Invest in Germany Summit in Berlin, hosted by German Chancellor Friedrich Merz.
- This latest commitment adds to more than €100 billion Amazon says it has invested in Germany since 2010. Amazon's chief global affairs and legal officer David Zapolsky called Germany 'one of the most attractive investment opportunities in Europe.'
- Allocating €4.8 billion, Amazon Web Services will expand its Frankfurt data center region while logistics upgrades create more than 3,000 jobs.
- The company is also developing more than 15 Prime Video productions through 2027 and booked 24 rocket launches with Arianespace for Amazon Leo.
- Expanding research, Amazon will open a second robotics and AI lab in Berlin, which Economy Minister Katherina Reiche cited as confidence in Germany's future.
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US tech giant Amazon said on Tuesday it plans to invest more than 16 billion euros in Germany next year, including data centers and other infrastructure necessary for the development of artificial intelligence (AI).
·Vilnius, Lithuania
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Amazon has announced that it will invest more than 16 billion euros (US$ 17.94 billion) in artificial intelligence infrastructure, high-speed internet via satellite, logistics and content for Prime Video in Germany next year. This is the latest large-scale commitment of an American technology giant to expand its operations abroad. Exclusive material for subscribers. To have full access, access the link of the subject and register.
·Rio de Janeiro, Brazil
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·Helsinki, Finland
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Total News Sources41
Leaning Left4Leaning Right8Center8Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
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