Amazon (AMZN) on Monday increased its total investment in Spain to €33.7B ($39.8B) to boost the number of data centers and continue its artificial intelligence push in the country.
The announcement, made at MWC26, will see Amazon add €17B to the existing €15.7B already being invested into the country. It will aid the Amazon Web Services Europe (Spain) Region, located in Aragón, and support the equivalent of roughly 29,900 full-time jobs in local businesses, including direct, indirect, and induced, Amazon said. Of these, 6,700 are full-time jobs from Amazon’s direct investment in numerous areas.
“As Amazon marks 15 years in Spain, this new infrastructure investment reinforces our long-term commitment and will be pivotal for the country’s digital and economic future,” said David Zapolsky, Amazon’s chief global affairs and legal officer, in a statement. “We’re supporting Europe’s digital capabilities and expanding cloud and AI infrastructure that businesses and organizations are already using to grow and innovate. Our investment will create meaningful opportunities for Spanish citizens, including high-skilled jobs and community initiatives, while advancing water stewardship and promoting carbon-free energy projects. This is a long-term bet on Spain, and we’re proud to make it.”
Amazon shares fell 2% in premarket trading amid concerns regarding the attack on Iran.
