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Amazon will invest $7.2 billion in Israel and open data centers in Tel Aviv

By 08/02/2023 1:52 PMNo CommentsBy YidInfo Staff announced the opening of its Amazon Web Services data centers in Tel Aviv on Tuesday and stated that it would invest approximately $7.2 billion in Israel through 2037.

During a visit to the IDF Central Command Headquarters in the heart of Tel Aviv on Tuesday, Israeli Prime Minister Benjamin Netanyahu made mention of the decision.

We were told today that Amazon is investing 26 billion shekels in the Israeli economy; this is after we were told that Intel intends to invest $25 billion and that NVIDIA is building a supercomputer here,” he claimed.

He said, “Israeli society and democracy are coming out strengthened,” ostensibly alluding to the passage last week of a significant portion of his government’s judicial reform legislation, which opponents had claimed would harm Israel’s democracy and economy.

Customers now have the option of operating their apps from Israeli data centers thanks to the introduction of the AWS Israel (Tel Aviv) Region, according to a statement from Amazon.

Amazon’s cloud computing platform is known as AWS. Customers can safely store data in Israel while providing even reduced latency service to people nearby, according to the company.

According to Reuters, Israel’s Accountant General Yali Rothenberg said, “The creation of the Region will enable us to migrate significant governmental workloads to the cloud, and we are confident that it will help us accelerate digital transformation in the public sector.

Amazon stated that its AWS Activate program started assisting businesses in Israel in 2013 and that the country is at the forefront of cloud computing.

As part of a framework to help government departments, including ministries and municipalities, speed their digital transformation, Israel chose AWS as its principal cloud supplier in April 2021.

Bank Leumi, CyberArk, Ichilov Hospital, and AI21 Labs are a few of the Israeli AWS clients. AWS is now available in 32 new geographic areas thanks to the Tel Aviv Region launch.


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