Amazon to invest extra 10 billion euros in Germany

Amazon said Wednesday it will invest an additional 10 billion euros (10.7 billion dollars) in Germany, most of it in cloud computing, the US tech giant's latest major investment in Europe. A total of 8.8 billion euros will come from Amazon's cloud computing division AWS and will be invested in southwest Germany by 2026, with the rest going into logistics, robotics and company offices.

The investment comes on top of 7.8 billion euros announced last month by AWS 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.