Microsoft and Amazon Web Services (AWS) will invest $4.3 billion and $1.3 billion, respectively, in France to boost their Cloud presence.
Amazon and Microsoft are attending the annual Choose France business summit.
Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France.
Microsoft vice chair and president Brad Smith said much of this investment would focus on the artificial intelligence (AI) sector. Microsoft would set up a data centre in the French city of Mulhouse.
Amazon said it would invest more than 1.2 billion euros ($1.3 billion) in its French operations and create more than 3,000 permanent jobs in the country.
Amazon Web Services’ (AWS) investment would increase cloud infrastructure in the Paris area to support France’s generative AI opportunity, and logistics infrastructure in the Auvergne-Rhone-Alpes region.
Companies such as Meta and Google have set up AI research centres in the country.
Amazon has invested more than 20 billion euros in its French operations since 2010 and employs more than 22,000 permanent employees across its cloud and online retail businesses.
“These jobs are in addition to the 2,000 jobs we announced for 2024,” said Frédéric Duval, country manager at Amazon France.
A part of the investment would also be used to expand its logistics network to increase speed of delivery and reduce carbon emissions. It has more than 35 logistics facilities in France.
