Amazon to invest €16 billion in Germany in 2027
By the AFREEQUE newsroom, based on Punch
Amazon plans to invest more than €16 billion in Germany in 2027, particularly in its data centres and infrastructure related to artificial intelligence. Nearly €5 billion is to bolster Amazon Web Services in the Frankfurt region, according to Punch, citing announcements by the group and the German government.
Amazon plans to invest more than €16 billion in Germany in 2027, including in data centres and other infrastructure related to artificial intelligence, Punch reports. The US group announced the project on Tuesday at an economic summit organised by the government in Berlin.
David Zapolsky, Amazon’s chief global affairs and legal officer, described Germany as a hub for innovation and an attractive investment destination in Europe. The company says it has already invested more than €100 billion there since 2010. The announcement comes as Europe’s largest economy seeks to attract new investment, particularly in high technology.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
