Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data center business in the country as part of the tech giant’s effort to boost its cloud offer in Europe, four people familiar with the matter said.
LONDON — Amazon
Web Services (AWS), the U.S. e-commerce giant’s cloud division, announced plans to invest £8 billion ($10.45 billion) over the next five years to build and operate data centers in the U.K. as it ramps up its cloud computing efforts in the country.
The investment, announced early Wednesday London time, comes as cloud players talk up the benefits of generative artificial intelligence (AI) and as companies look to integrate the tech into their businesses.
“We’ve seen a real uptake of cloud computing and AI technology by British businesses, and we know the U.K. has a very ambitious digital plan,” Tanuja Randery, managing director for European, Middle East and Africa at AWS, told CNBC in an interview.
“So this will go toward helping our customers to really be able to harness cloud computing, because you need the data centers to be able to actually provide cloud computing for our customers.”
Source: https://www.cnbc.com/2024/09/10/amazon-makes-8-billion-uk-investment-to-build-cloud-and-ai-infrastructure.html
