CNBC October 25, 2023
Arjun Kharpal

Key Points

– Amazon on Wednesday said it will launch an independent cloud for Europe aimed at companies in highly-regulated industries and the public sector.

– Amazon Web Services European Sovereign Cloud will be located within Europe and will be separate to the U.S. technology giant’s other cloud operations.

– The launch of the new cloud system underscores the need for businesses to meet Europe’s strict data privacy rules as well as the region’s push for so-called “digital sovereignty.”

Amazon on Wednesday said it will launch an independent cloud for Europe aimed at companies in highly-regulated industries and the public sector.

Amazon Web Services European Sovereign Cloud will be located within Europe and will be separate to the U.S. technology...

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