Amazon has announced plans to invest $10.75 billion USD in Germany to expand its cloud infrastructure and logistics network in the country.
According to reports, about $8.8 billion USD will be used to enhance the cloud infrastructure for Amazon Web Services (AWS) in Frankfurt by 2026.
The report further mentions that the remaining funds will be used for logistics and two new corporate offices as Amazon plans to employ about 40,000 permanent workers by the end of the year.
Last month, Incognito blog reported an $8.4 billion USD investment for AWS European Sovereign Cloud Service in the German state of Brandenburg.