Loading...
Loading...
Browse all stories on DeepNewz
VisitAmazon's AWS in Talks to Invest Billions in Italian Data Center Expansion, Including Milan Site
May 27, 2024, 05:17 PM
Amazon's cloud computing unit, AWS, is in discussions with Italy to invest billions of euros in expanding its data center business. This investment is part of AWS's broader strategy to enhance its cloud services across Europe. AWS recently announced a 15.7 billion euros investment in data centers in Spain's Aragon region, replacing a previous 10-year plan that had earmarked 2.5 billion euros. AWS launched its first cloud region in Italy in 2020, with plans to invest €2 billion by 2029. Major AWS customers in Italy include Ferrari and insurer Assicurazioni Generali. The potential expansion could involve the Milan site or new site construction.
View original story
Markets
Yes • 50%
No • 50%
AWS financial disclosures or credible financial news outlets
Yes • 50%
No • 50%
Official AWS press releases or credible news reports
Yes • 50%
No • 50%
AWS press releases or business news coverage
Increase by more than 10000 jobs • 25%
Increase by less than 1000 jobs • 25%
Increase by 1000 to 5000 jobs • 25%
Increase by 5000 to 10000 jobs • 25%
Local government reports or credible economic analysis sources
Milan only • 33%
Rome only • 33%
Other cities • 34%
AWS press releases or credible news reports
Less than €5 billion • 25%
€5 billion to €10 billion • 25%
€10 billion to €15 billion • 25%
More than €15 billion • 25%
AWS financial disclosures or credible financial news sources