Amazon Web Services announced plans to invest £8 billion over the next five years to build and operate data centers in the U.K.
The investment, announced early Wednesday London time, comes as cloud players talk up the benefits of generative artificial intelligence 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.
But this investment also comes at a time when regulators in the U.K. are scrutinizing competition in the cloud market with AWS and Microsoft under the microscope. The Competitions and Markets Authority is