Exclusive-Amazon in talks with Italy to invest billions of euros in cloud plan, sources say
)'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.
Both AWS and a spokesperson for the cabinet's office digital transition department declined to comment. A spokesperson for Italy's industry ministry was not immediately available to comment. AWS has recently unveiled a 15.7 billion euros investment in data centres in Spain's northeastern Aragon region, replacing a previous 10-year plan announced in 2021, when the company earmarked 2.5 billion euros for the country.
Analysts and executives say many big corporate customers have started spending again on cloud computing after pausing last year, as interest in artificial intelligence drives a rebound of growth in the $270 billion cloud infrastructure market.) a year ago said it was launching its first cloud region in Italy as part of a $1.5 billion investment plan it had announced in 2020.
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