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Amazon is investing another €18 billion in Spain to expand data centers and strengthen its AI footprint in Europe.

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00:00It's Benzinga bringing Wall Street to Main Street
00:02Amazon said Monday it will invest an additional 18 billion euros, about $21 billion, in Spain to
00:09expand data centers and boost AI innovation, according to Reuters. The move brings its total
00:14investment in the country to 33.7 billion euros. The announcement followed a meeting between Spain's
00:21Prime Minister Pedro Sanchez and Amazon Chief Global Affairs and Legal Officer David Zapolsky
00:26at the Mobile World Congress in Barcelona. Zapolsky said the investment will support up to 30,000
00:32jobs through 2035 and make Spain the AI epicenter of Amazon's European operations. Last year,
00:38Amazon Web Services announced a 15.7 billion euro investment in data centers in Spain's Aragon region,
00:45which is expected to support an average of 17,500 jobs per year through 2033.
00:51For all things money, visit Benzinga.com.
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