Amazon Commits Another €10 billion to German Cloud, Logistics
- Adds to the €7.8 billion previously announced AWS investment
- Company putting billions of dollars into global infrastructure
Amazon has made several similar commitments across the globe this year.
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Amazon.com Inc., the world’s largest provider of cloud computing services and data storage, said it will invest an additional €10 billion ($10.7 billion) into its cloud infrastructure and logistics network in Germany as the technology giant expands its network of data centers globally.
The latest plans include €8.8 billion to build and maintain its cloud infrastructure for the AWS cloud computing business in the Frankfurt region by 2026, the company said in a statement on Wednesday. The commitment is in addition to the company’s plans to spend €7.8 billion by 2040 to build a sovereign cloud business in the country.