Amazon to invest $7.2 billion in Israel, launches AWS cloud region

Amazon.com (AMZN.O) said on Tuesday it is planning to invest about $7.2 billion through 2037 in Israel, 

and launched its Amazon Web Services (AWS) data centers in the country.

Amazon's cloud services in the region will allow the country's government to run applications 

and store data in data centers located in Israel.

AWS is Amazon's cloud computing platform

used by companies such as Netflix (NFLX.O),

- Warren Buffett

General Electric (GE.N) and Sony (6758.T),

enabling storage, networking and remote security.

 AWS will be available in 32 geographic regions

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