AWS Eyes Multi-Billion-Euro Data Center Investment in Italy Amid Cloud Spending Surge
May 29, 2024![AWS Eyes Multi-Billion-Euro Data Center Investment in Italy Amid Cloud Spending Surge](https://cdn.brief.news/images/stories/b982cfe92baa689d46f8d00eca8d196478e29b84d24f7d2dce4cebcfda862d33ee708c1b892502a6b040ab026f0f4ed15bf6f10806b8da348aff7001daff1292.jpg)
Amazon Web Services (AWS) is in discussions with the Italian government for a multi-billion-euro investment to expand its data center operations in Italy.
The talks focus on the location and size of the investment, with options including expanding the current site in Milan or building a new data center.
AWS's growth is fueled by increased cloud spending, particularly in the AI sector, similar to investments by competitors like Alphabet and Microsoft in Italy's cloud market.
The overall trend in cloud spending is rising as companies embrace advanced technologies.
Details of the Italian investment are still being finalized, with announcements expected once plans are complete.
This move aligns with AWS's commitment to renewable energy for its data centers, showcasing a dedication to sustainability and innovation in technology.
Summary based on 5 sources
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Sources
![Amazon Stock in Focus Amid Report of Possible Large Cloud Investment in Italy](https://cdn.brief.news/images/links/3189930852cbd57c54b2c4fcce093d8e7b190f482eaa4ff36756d8903081b1b6c5daad360d8a16dcc5c4c8eb062307b5e1c1f97f2e4b5d4db438069c6b7c3128.png)
Investopedia • May 28, 2024
Amazon Stock in Focus Amid Report of Possible Large Cloud Investment in Italy![AWS in talks with Italy to invest billions of euros to expand data centres](https://cdn.brief.news/images/links/b982cfe92baa689d46f8d00eca8d196478e29b84d24f7d2dce4cebcfda862d33ee708c1b892502a6b040ab026f0f4ed15bf6f10806b8da348aff7001daff1292.jpg)
Neowin • May 28, 2024
AWS in talks with Italy to invest billions of euros to expand data centres![Amazon in talks with Italy for major AWS data centre expansion](https://cdn.brief.news/images/links/1800ad91ae1ef0c88f4031c8bee9223b35b37eea650345275ba1d1a287c6415ec2a9df1273d74c18ec90d4a67f1ca5b5ffc6bf22e445a51f8e22942ed153b9f7.png)
WION • May 28, 2024
Amazon in talks with Italy for major AWS data centre expansion![Amazon negotiates multi-billion Euro cloud investment with Italy](https://cdn.brief.news/images/links/e13648132c462887622c9835fd29fd5355fe297121939216f167a62ba90746b7f502137dfb4721f963b5b3dfba4c9b398fb09acf2777194a4f150af97689e4e8.png)
Cloud Computing News • May 28, 2024
Amazon negotiates multi-billion Euro cloud investment with Italy