Amazon said that it would invest over 1.2 billion euros ($1.3 billion) in its business and hire over 3,000 people permanently in France.
Amazon (AMZN.O.) said on Monday that it would employ more than 3,000 people permanently in France and invest over 1.2 billion euros ($1.3 billion) in its business.
As part of the nation’s annual “Choose France” event, which starts on Monday, the French presidency said on Sunday that Amazon and other businesses, including GSK (GSK.L) and Accenture (ACN.N), will announce investments worth billions of dollars.
According to a statement from the firm, Amazon Web Services (AWS) would invest in expanding logistical infrastructure in the Auvergne-Rhône-Alpes region and cloud infrastructure in the Paris area to serve France’s burgeoning generative AI market.
The growing demand for cloud services has been fueled by the increasing popularity of GenAI. France has emerged as a leader in AI, home to successful businesses like Mistral and Poolside. Businesses like Google and Meta have established AI research facilities throughout the nation.
Over 22,000 permanent workers are employed by Amazon in its cloud and online retail divisions, and the company has invested over 20 billion euros in its French operations since 2010.
“These positions are extra to the 2,000 we previously declared for 2024,” stated Amazon France’s country manager, Frédéric Duval.
A portion of the investment would also go toward growing its logistics network in order to lower carbon emissions and speed up delivery. Over 35 logistical facilities are located in
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