MADRID, March 2 (Reuters) - Amazon said on Monday it would invest an additional 18 billion euros ($21 billion) in Spain to expand its data centres and boost AI innovation, bringing its total
Amazon to invest additional $21 billion in Spain for data centres and AI
Amazon's Major Investment in Spain: Details and Impact
Overview of the Investment
BARCELONA, March 2 (Reuters) - Amazon said on Monday it would invest an additional 18 billion euros ($21 billion) in Spain to expand its data centres and boost AI innovation, bringing its total investment in the country to 33.7 billion euros.
Announcement and Key Figures
Amazon announced the investment after Spain's Prime Minister Pedro Sanchez met David Zapolsky, Amazon's chief global affairs and legal officer, at the Mobile World Congress in Barcelona.
Job Creation and Economic Impact
Zapolsky said the investment would support up to 30,000 jobs until 2035.
AI and Technology Focus
"With this investment, we make Spain the AI epicentre of our operations in Europe," he said.
Previous Investments and Future Plans
AWS Data Centres in Aragon
Last year, Amazon announced that its cloud computing unit AWS would invest 15.7 billion euros in data centres in Spain's northeastern Aragon region, which would support the creation of an estimated average of 17,500 jobs per year at local companies through 2033.
Currency Exchange Rate
($1 = 0.8519 euros)
Reporting Credits
(Reporting by Joan Faus; Writing by David Latona and Emma Pinedo; Editing by Charlie Devereux and Ros Russell)
