It was announced last month by AWS that the investment comes on top of 7.8 billion euros towards building a  "sovereign cloud" centre in Germany

On Wednesday, Amazon said that the company will invest an additional 10 billion euros in Germany, most of it in cloud computing, the US tech giant’s latest major investment in Europe.

The company will invest in southwest Germany by 2026, a total of 8.8 billion euros will come from Amazon’s cloud-computing AWS (Amazon Web Service) division. The rest will go into logistics, robotics and company offices. AWS cloud computing service, build, deploy and manage Websites, Apps or processes on AWS secure and reliable network.

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It was announced last month by AWS that the investment comes on top of 7.8 billion euros towards building a  “sovereign cloud” centre in Germany.  The first sovereign cloud complex will be set up in the state of Brandenburg and will be operational by the end of 2025.

This new system will address concerns of some European countries and public agencies that have hesitated to resort to cloud computing for fear data would be transferred to other jurisdictions, particularly the United States.

With its recently announced investments, Amazon said that the company was hiring thousands of new workers in Germany and taking its total number of permanent employees in the country to about 40,000 before the year’s end.

According to the reports, German Chancellor Olaf Scholaz said on the X platform, “The investments proved that Germany remained an attractive business location, As the government we are working on precisely, strengthening our competitiveness.”

Europe’s top economy sees attracting new investments in high-tech fields as crucial as it confronts challenges to emerge from a period of impuissance. The tech giant has also in recent times announced major investments to expand data centres in Spain and to develop cloud infrastructure and logistical infrastructure of its parcel delivery system in France.

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According to Stocklytics (Stock Analysis and Tracking) a pioneer of e-commerce Amazon’s AWS also dominates cloud computing with 31 per cent of the market at the end of 2023. But the company’s rivals Microsoft and Google also won acceptance.