Would you like to receive notifications on latest updates of the following headlines?

Amazon to Invest €1.2bn in French Operations, Creating 3,000 Jobs

POSTED ON May 13, 2024 •   Uncategorized      BY Samuel O . Adeniyi
The logo of Amazon is seen at the company logistics centre in Lauwin-Planque, northern France, February 20, 2017, | Photo Credit: REUTERS/Pascal Rossignol

Amazon announced on Monday its plans to invest over 1.2 billion euros ($1.3 billion) in its French operations, aiming to create over 3,000 permanent jobs in the country.

The French presidency revealed on Sunday that Amazon, along with other companies like GSK and Accenture, would unveil investments totalling billions of euros as part of France's annual "Choose France" event, commencing on Monday.

In a statement, Amazon Web Services (AWS) disclosed that its investment would focus on expanding cloud infrastructure in the Paris area to support France's growing generative AI sector. Additionally, it aims to enhance logistics infrastructure in the Auvergne-Rhône-Alpes region.

The surge in demand for cloud services, driven by the rising popularity of generative AI, has positioned France as a significant hub for AI development.

Promising startups like Mistral and Poolside have emerged, while major companies like Meta and Google have established AI research centres in the country.

Since 2010, Amazon has already invested over 20 billion euros in its French operations and currently employs more than 22,000 permanent workers across its cloud and online retail divisions.

Frédéric Duval, country manager at Amazon France, emphasized that the newly announced jobs are in addition to the 2,000 positions slated for creation in 2024.

A portion of the investment will also be allocated to expanding Amazon's logistics network in France, aimed at accelerating delivery speeds and reducing carbon emissions. Currently, the company operates over 35 logistics facilities throughout the country.

READ ALSO
Eno enhances healthcare with N200m contribution to UUTH
BY Abiodun Saheed Omodara February 16, 2025 0

In an effort to enhance healthcare services, the Governor of Akwa Ibom State, Pastor Umo Eno, has co...

READ ALSO
Ododo Reorganizes the Tourism Board, Kogi Hotels
BY Ebiakuboere England December 3, 2024 0

KOGI- Kogi State Governor Alhaji Ahmed Ododo has appointed former Kogi Hotels and Tourism Board Chai...

READ ALSO
Rivers Varsity Suspends Four Students For Assault
BY Benedicta Bassey June 16, 2024 0

The Rivers State University, Nkpolu-Oroworukwo, Port Harcourt has suspended four of its students con...

READ ALSO
French Embassy Unveils Waste Management Project Worth €753,000 in Varsities
BY Benedicta Bassey June 14, 2024 0

The French Embassy, via the Cooperation and Cultural Department, has launched a plastic waste manage...

READ ALSO
ATBU Enhances Research Capacity For Lecturers
BY Benedicta Bassey June 14, 2024 0

The management of the Abubakar Tafawa Balewa University, Bauchi, has enhanced research capabilities...

READ ALSO
Russia Dismisses Claim of Recruiting Nigerian Students For Ukranian War
BY Benedicta Bassey June 13, 2024 0

The Russian Embassy in Nigeria has debunked the claims of recruiting African students, particularly...

READ ALSO
Soludo Warns Tinubu Against Accepting Unsustainable Minimum Wage
BY Benedicta Bassey June 13, 2024 0

Anambra State Governor Charles Soludo on Thursday warned President Bola Tinubu against approving &ld...

READ ALSO
Obi Cubana Lauds Burna Boy For Settling Patients' Hospital Bills
BY Ebiakuboere England June 12, 2024 0

Award-winning Nigerian music star Damini Ogulu, also known as Burna Boy, has been praised by million...

OUR CHANNELS:

Sowore Condemns Tenure Extensions of Senior Security Officials for Violating 35-Year Service Limit
BY Abiodun Saheed Omodara July 7, 2025 0

Human rights advocate and ex-presidential aspirant, Omoyele Sowore, has criticized the ongoing tenur...


Eight Dead, Eight Injured as Commercial Bus Crashes into Truck
BY Abiodun Saheed Omodara July 8, 2025 0

Just 48 hours after a road accident in Ogun State resulted in the deaths of 10 individuals, another...


Nigerian Investors Launch $5 Billion Cooperative Trust Fund to Empower MSMEs
BY Abiodun Saheed Omodara July 8, 2025 0

A coalition of Nigerian investors has introduced a Cooperative Trust Fund valued at $5 billion, aime...


Nnamdi Kanu's Release Not a Condition for South-East Support of Tinubu- Umahi
BY Abiodun Saheed Omodara July 8, 2025 0

In light of calls for the release of the detained Nnamdi Kanu, leader of the banned Indigenous Peopl...


Real Madrid Edges Borussia Dortmund 3–2 in Thrilling FIFA Club World Cup Clash
BY Abiodun Saheed Omodara July 6, 2025 0

Real Madrid emerged victorious from a heart-stopping 3–2 thriller against Borussia Dortmund in...


NCDC Reports 781 Confirmed Lassa Fever Cases in Nigeria
BY Abiodun Saheed Omodara July 8, 2025 0

Nigeria has reported 145 fatalities attributed to Lassa fever, which corresponds to a case fatality...


Flood: 27 Lives Lost, Hundreds Displaced Amid Ongoing Rescue Efforts in Kerr County
BY Abiodun Saheed Omodara July 6, 2025 0

At least 27 people have been confirmed dead, with many more displaced due to flash flooding in Kerr...


PSG Triumphs over Bayern Munich 2-0, Advances to FIFA Club World Cup Semifinals
BY Abiodun Saheed Omodara July 8, 2025 0

Paris Saint-Germain (PSG), the European club football champion, has defeated Germany's Bayern Munich...


Ongoing Constitutional Review Aims to Empower Nigerians Against Unilateral Changes- Deputy Senate President
BY Abiodun Saheed Omodara July 6, 2025 0

In a significant step towards amending Nigeria's 1999 Constitution, the Deputy Senate President and...


Aregbesola Urges ADC Supporters to Maintain Civility Amid Political Tensions
BY Abiodun Saheed Omodara July 6, 2025 0

After the formal introduction of the African Democratic Congress (ADC) in Abuja, former Interior Min...


More Articles

Load more...

Menu