(VitalNews.org) – Amazon Web Services announced a plan to invest over ten billion dollars into the U.K. over the next five years to build and operate data centers. Cloud players have talked about the advancement of artificial intelligence and its benefits as companies continue to look into integrating it.
Tanuja Randery, managing director for European, Middle East, and Africa at AWS, said, “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.”
“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.”
Randery said that generative AI is “probably the most transformative technology we have seen, possibly since the cloud and the internet.”
“We’ve also seen that businesses are looking at this in terms of both revenue growth, employee productivity, which is really, really critical, as you know, but also being able to compete globally.”
AWS has been investing a substantial amount in infrastructure, like data centers and Nvidia chips. AWS is competing with Microsoft and Google in the United Kingdom, and they continue to hope to invest and expand to Europe.
This investment comes at a time when regulators in the United Kingdom are scrutinizing the competition in the cloud market, which puts AWS under the microscope. Randery said that authorities need to balance regulation and innovation.
“We worked very closely with governments and regulators around the world, we believe that it’s important to have regulation, but that regulation should continue to be innovation friendly,” Randery said.
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