CNBC September 10, 2024
Key Points
– Amazon Web Services (AWS) announced plans to invest £8 billion ($10.45 billion) over the next five years to build and operate data centers in the U.K.
– AWS competes with Microsoft and Google in the U.K. and its investment continues the company’s focus on expansion in Europe.
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...
Today's Sponsors
Today's Sponsor