Amazon (NASDAQ:AMZN) has revealed plans to invest more than €1.2 billion ($1.3 billion) in its French operations and create more than 3,000 permanent jobs in France. The announcement coincides with the country’s annual “Choose France” event, which starts today, where Amazon and other companies, such as GSK and Accenture, are set to unveil significant investments.
The investment by Amazon Web Services (AWS) is aimed at strengthening its cloud infrastructure in the Paris region, which will support France’s growing AI sector. Additionally, Amazon plans to strengthen its logistics infrastructure in the Auvergne-Rhône-Alpes region. The growing demand for cloud services, fueled by the growing popularity of generative AI, has positioned France as a major player in the AI industry, attracting companies such as Meta and Google (NASDAQ:GOOGL) to establish AI research centers in the country.
Amazon has invested more than €20 billion in its French operations since 2010 and now has more than 22,000 permanent employees in the country, spread across its online retail and cloud businesses. Frédéric Duval, country manager for Amazon France, noted that the new jobs are in addition to the 2,000 previously announced for 2024.
Part of the investment will also go toward expanding Amazon’s logistics network, which includes more than 35 facilities in France. The expansion is aimed at increasing delivery speeds and reducing carbon emissions as part of the company’s ongoing efforts to improve its service and environmental footprint.
Source: Investing
