Online trade: Amazon plans investments of around 16 billion euros
Amazon plans to invest 16 billion euros in Germany by 2027, with a significant portion to be allocated to cloud computing and artificial intelligence around Frankfurt. What other changes can be expected at the locations?
Amazon plans to invest around 16 billion euros in Germany next year. The investment will go towards expanding data centers for its cloud service AWS, modernizing logistics locations, and creating around 3000 new jobs in logistics. A significant portion of the investment, 4.8 billion euros, will be allocated to developing cloud and AI infrastructure in the AWS Europe region around Frankfurt am Main.
Amazon also plans to produce dozens of original content in Germany for its streaming service Amazon Prime. The company currently employs around 3000 people in Germany for its AWS division.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
