Amazon's computing unit AWS on Thursday said it planned to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years in a further expansion of its data centre business in the country.

AWS launched its first cloud region in Italy in 2020, with plans to invest €2 billion ($2.175 billion) by 2029. Its Italian clients include well-known firms like luxury manufacturer Ferrari and ...

The investment aims to meet the increased demand for advanced cloud infrastructure and compute power, driven by generative AI, it said. Amazon has invested $18.5 billion in the state since 2010 ...

The e-commerce giant also laid out plans to invest 15.7 billion euros over the next decade to expand its cloud services in Spain. Microsoft said its investment would make Northern Italy one of the ...

The investment is part of Amazon's broader plan to spend up to $100 billion on capital expenditures in 2025, with a significant portion directed toward expanding its AI and cloud infrastructure.

Amazon plans a $10 billion investment in North Carolina to build a cloud and AI campus, creating 500 high-tech jobs and boosting Richmond County's economy. Skip Navigation Share on Facebook ...

Microsoft plans to spend about $4.75 billion over the next two years in cloud and artificial intelligence infrastructure in Italy, as global tech companies continue to boost their footprints ...

Amazon said Thursday that it plans to spend $100 billion this year as it continues investing in artificial intelligence – which CEO Andy Jassy called a “once-in-a-lifetime type of business ...

(RTTNews) - Microsoft Corp. will be investing 4.3 billion euros in Italy in the next two years, aiming to expand the country's hyperscale cloud and artificial intelligence or AI datacenter ...

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Amazon's computing unit AWS on Thursday said it planned to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years in a further expansion of its data centre business in the country.

Microsoft plans to spend about $4.75 billion over the next two years in cloud and artificial-intelligence infrastructure in Italy, the latest pledge from U.S. tech giants to bolster their presence ...