Amazon Commits Another €10 Billion to German Cloud and Logistics Network

Amazon.com, the world’s largest provider of cloud computing services and data storage

Amazon Said it will invest an additional €10 billion ($10.7 billion) into its cloud infrastructure and logistics network in Germany as the technology giant expands its network

The latest plans include €8.8 billion to build and maintain its cloud infrastructure for the AWS cloud computing business in the Frankfurt region by 2026

While the announcement was part of a meeting between Amazon’s Chief Executive Officer Andy Jassy and German Chancellor Olaf Scholz

Amazon has made several similar commitments across the globe this year

Amazon’s announcement in May was for spending to help build out a European sovereign cloud, which will be controlled exclusively by people inside the European Union

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