Amazon is increasing its investments in Spain again as it looks to expand its cloud and AI infrastructure.
The tech giant confirmed at Mobile World Congress in Barcelona that it is pledging $21 billion more than the $17 billion Announced in 2024Its total expenditure is $38 billion.
This package marks a further increase in Amazon’s commitment towards the country. Its original plan, first revealed in 2021, had the company earmarking $2.9 billion for Spain, but that amount has grown exponentially as demand for AI continues to grow.
Amazon’s operations in Spain are primarily focused on Aragon, a land-locked region bordering France in the country’s north-east.
The company originally launched its AWS Europe (Spain) region cloud service in November 2022, but has now said it will build data centers in three provinces of Aragon – Teruel, Huesca and Zaragoza – with the majority of the capacity dedicated to AI infrastructure.
Additionally, the company said it will build supply chain facilities to support the data centers. These will include a server manufacturing plant to complete assembly and testing, a manufacturing fulfillment warehouse, and a dedicated AI and machine learning server manufacturing and repair facility. When fully operational, these facilities are expected to generate approximately 1,800 jobs.
Overall, Amazon’s investment in AWS in Spain is projected to contribute more than $39 billion to the country’s total GDP by 2035, supporting 29,000 full-time jobs, including the creation of approximately 6,700 roles to build and staff data centers.
“We’re supporting Europe’s digital capabilities and expanding the cloud and AI infrastructure that businesses and organizations are already using to drive growth and innovation,” David Zapolsky, Amazon’s chief global affairs and legal officer, said in a press release. “Our investment will create meaningful opportunities for Spanish citizens, including high-skilled jobs and community initiatives.”
The Prime Minister of Spain, Pedro Sanchez, couple The investment showed that Spain should be considered “a safe bet”.
Amazon’s announcement is its second billion-dollar international investment focused on AI in less than three months Promised to give 35 billion dollars Came to India in December last year.
And it emerged just days later that the company was making another investment $50 billion in OpenAIBecause tech giants are betting big on the potential of AI.
