Amazon.com (AMZN) To Invest 1.4 Billion Euros in the Netherlands

​Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Stocks to Buy for High Returns Heading into 2026. On October 27, Reuters reported that Amazon.com, Inc. (NASDAQ:AMZN) plans to invest 1.4 billion euros (approx $1.63 billion) in the Netherlands over the next three years.

​This is considered to be one of the largest investments by the company in the Netherlands since the launch of its operations in 2020. Management noted that this investment is partly aimed at developing artificial intelligence for entrepreneurs selling products on the company’s platform.

​Moreover, Amazon.com, Inc. (NASDAQ:AMZN)’s head for Belgium and the Netherlands, Eva Faict, noted the Netherlands to be an important growth market and believes that this investment would allow the company to better serve its customers, while also improving the quality of services.

​Amazon.com, Inc. (NASDAQ:AMZN) is a global retailer offering a wide range of products through online and physical stores, focusing on selection, price, and convenience.

a

While we acknowledge the potential of AMZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.