Global expansion continues as Amazon promises to reinvest €10 billion in Germany's cloud computing and logistics network
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Amazon will reinvest 10 billion euros in Germany's cloud computing and logistics network. The investment plan includes building and maintaining cloud infrastructure in the Frankfurt region by 2026, as well as establishing sovereign cloud business in Germany by 2040. This move is part of Amazon's global expansion to meet the growing demand for computing. Amazon faces competition from competitors such as Microsoft, and European regulatory authorities are also pushing cloud computing companies to store data within the EU. Amazon plans to invest in projects in Spain, France, Mexico, the United States, Saudi Arabia, and Singapore
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