Amazon to Invest Over €16 Billion in Germany Next Year
Amazon plans to invest more than €16 billion (about $18 billion) in Germany in 2027, the company said on Tuesday, to expand its cloud computing, AI, satellite internet and media businesses. The investment is the e-commerce giant's latest move to grow its European operations as it races to expand cloud infrastructure across the region amid surging demand for AI services and growing competition among technology firms. The package, announced at the Invest in Germany Summit in Berlin, adds to more than €100 billion Amazon says it has invested in the country since 2010.
