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Amazon (NASDAQ:AMZN) intends to invest €7.8B ($8.44B) in Germany through 2040 to boost its cloud computing infrastructure, mainly for Europe, Reuters reported.
Amazon Web Services, or AWS, said that it would unveil several data centers in Brandenburg, Germany by the end of 2025 which will be available to all customers, according to the report.
In October 2023, AWS announced that it would launch the AWS European Sovereign Cloud for public sector organizations and customers in highly regulated industries. The sovereign Cloud would allow customers to keep all metadata they create in the EU. The cloud was to be launched with its first AWS Region in Germany and be available to all European customers.
The company noted that the investment in Germany would support an average 2,800 full-time occupations in local German businesses annually, as per the report.
Last week, Telefónica’s (TEF) German unit noted that it plans to shift 1 million 5G users to AWS cloud this month.
Amazon is also investing in Asia to expand its operations. Earlier this month, AWS announced that it plans to invest S$12B (about $8.88B) to boost its cloud computing infrastructure in Singapore over the next four years.