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.
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