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Amazon Web Services plans $8.4 bln cloud investment in Germany
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Amazon Web Services plans $8.4 bln cloud investment in Germany
May 14, 2024 11:22 PM

STOCKHOLM, May 15 (Reuters) - Amazon Web

Services (AWS) said on Wednesday it plans to invest 7.8 billion

euros ($8.44 billion) in Germany through 2040 as it builds a

cloud computing infrastructure specifically for Europe.

AWS last year announced plans to store data on servers

located in the European Union to protect data privacy for

government and customers in highly regulated industries.

The company said it will launch several data centres in the

German state of Brandenburg by the end of 2025 which will be

available to all customers.

The new investment would support an average 2,800 full-time

jobs in local German businesses each year, it said in a

statement.

Last week AWS also said that it would help Telefonica

Germany move one million 5G customers to its cloud

platform from later this month.

($1 = 0.9241 euros)

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