STOCKHOLM, May thirteen (Reuters) – Amazon (AMZN.O), opens new tab said on Monday it would make investments more than 1.2 billion euros ($1.3 billion) in its French operations and create more than 3,000 permanent jobs in the country.
The French presidency had said on Sunday that Amazon and different companies, which include GSK (GSK.L), opens new tab and Accenture (ACN.N), opens new tab, would announce investments really worth billions as section of the country’s annual “Choose France” event, which starts on Monday.
Amazon Web Services’ (AWS) investment would increase cloud infrastructure in the Paris place to aid France’s flourishing generative AI opportunity, and logistics infrastructure in the Auvergne-Rhône-Alpes region, the agency said in a statement.
Increased popularity of GenAI has been fueling, opens new tab demand for cloud services, and France has end up a hub for AI, with promising startups such as Mistral and Poolside. Companies such as Meta and Google have set up AI lookup centers in the country.
Amazon has invested extra than 20 billion euros in its French operations seeing that 2010 and employs extra than 22,000 permanent employees throughout its cloud and on-line retail businesses.
“These jobs are in addition to the 2,000 jobs we introduced for 2024,” stated Frédéric Duval, united states supervisor at Amazon France.
A part of the investment would additionally be used to make bigger its logistics network to make bigger speed of shipping and decrease carbon emissions. It has extra than 35 logistics facilities in France.
