Amazon to Invest Over €16 Billion in Germany in 2027, Including €4.8 Billion for AWS
Following its announcement of a €33.7 billion investment in Spain last March, Amazon is stepping up its expansion across Europe. The US technology giant plans to invest more than €16 billion in Germany in 2027, strengthening its operations in cloud computing, artificial intelligence, logistics, and digital services. The investment plan was unveiled on October 20 in Berlin during the German government's Invest in Germany summit. According to Reuters, Amazon has already invested more than €100 billion in Germany since 2010. The new funding will support several initiatives, including the expansion of Amazon Leo, the company's satellite network formerly known as Project Kuiper, further development of its logistics infrastructure, and the production of new content for Prime Video. However, Amazon has not disclosed how the €16 billion will be allocated across these business segments. AWS Allocates €4.8 Billion to Cloud and AI Infrastructure in Frankfurt Of the total investment, Ama...