Amazon in talks with Italy to invest billions of euros in cloud plan, sources say


FILE PHOTO: An Amazon Web Services (AWS) logo is pictured during a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024. REUTERS/Annegret Hilse/File Photo

MILAN/STOCKHOLM (Reuters) -Amazon's computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data centre business in the country as part of the tech giant's effort to boost its cloud offer in Europe, four people familiar with the matter said.

Discussions between parties over the size and the location of the investment are ongoing, according to the sources, with one of them saying Amazon Web Service (AWS) is considering expanding its current site in Milan or building a new one.

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