Amazon announced on Monday that it will invest $1.3 billion in its French operations and create more than 3000 permanent jobs in the country.
The French presidency said on Sunday that Amazon and other companies, incorporating GSK and Accenture, may announce billion-dollar investments as part of the country’s annual “Choose France” event, which began on Monday.
Also, since 2010, Amazon has invested more than 20 billion euros in its French Operations and employed more than 22,000 permanent employees across its cloud and retail businesses.
“These jobs are in addition to the 2,000 jobs we announced for 2024,” said Frédéric Duval, country manager at Amazon France.
A part of the investment would also be used to expand its logistics network to increase speed of delivery and reduce carbon emissions. It has more than 35 logistics facilities in France.
Also, the rising popularity of GenAI has been fueling demand for cloud services, and France has become an AI Hub, with promising startups like Poolside and Mistral. Companies like Google and Meta have also set up AI research centers in the country.
