HomeTechnologyAmazon earmarks over $17B for data center expansion in Spain

Amazon earmarks over $17B for data center expansion in Spain

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Amazon’s cloud computing unit AWS stated Wednesday it could make investments 15.7 billion euros ($17.02 billion) in information facilities in Spain’s northeastern Aragon area, considerably boosting its enlargement plan within the nation.

The Aragon authorities stated in a separate assertion the funding could be carried out over 10 years within the area that’s already a hub for Amazon in Spain, calling the plan “the largest technology investment in Spain and southern Europe.”

Amazon stated in a press release the brand new plan changed a earlier one introduced in 2021 when the corporate earmarked 2.5 billion euros for Spain.

The funding will assist the creation of an estimated common of 17,500 jobs in native firms per yr by 2033, Amazon stated.

“Amazon Web Services’ decision to choose Spain places us at the forefront of technology innovation and Artificial Intelligence in Europe,” Digital Transformation Minister Jose Luis Escriva was quoted by Amazon.

The U.S. tech big stated it’s going to energy its information facilities in Spain absolutely with renewable power.

Different cloud suppliers resembling AWS and Microsoft’s Azure have been investing closely throughout Europe to construct information facilities and have clustered in the identical areas prior to now.

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