Amazon Web Services (AWS) has confirmed plans to invest more than €1.2 billion ($1.3 billion) in its French operations, providing a major boost to the country's economy and labor market.
The cash injection will create more than 3,000 permanent jobs in the country across various sectors, in addition to the 2,000 positions the company had recently announced.
The news comes amid the country's 'Choose France' initiative, under which other companies including GSK and Accenture will also unveil substantial investments, and the 2024 Olympics in Paris later this year.
AWS and 'Choose France'
In a statement (via Reuters), Amazon highlighted its plans to strengthen its cloud infrastructure in the Paris area, with the aim of supporting the growing generative AI sector in France. The investment will also expand its logistics infrastructure in the Auvergne-Rhone-Alpes region.
Amazon's latest investment is part of more than €20 billion ($21.6 billion) in cash injections since 2010.
Outside the four walls of Amazon, France has earned a much-appreciated reputation as a suitable country for AI companies: startups like Mistral and Poolside have already exited the country, while other tech giants like Meta and Google have also established themselves. their own. centers in the country.
In the last year, France has become a top choice for many AI companies due to its strong research landscape, government support, clean energy initiatives, and strategic location in an accessible area of Europe. It joins countries such as neighbors Germany, the Netherlands and the United Kingdom as a key destination for technology investments.
In addition to expanding its infrastructure and logistics, part of the cloud giant's latest investment will also go towards reducing carbon emissions, which correlates with the country's overall green efforts and the company's sustainability goals.
