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Amazon To Invest $10.5B in UK Over Next 5 Years in Cloud, AI Push

KEY TAKEAWAYSAmazon said it plans to spend 8 billion pounds (10.5billion)tobuildandoperatedatacentersintheU.K.overthenextfiveyearsthrough2028.ThebuildoutmarksamassiveexpansionofAmazonscloudandartificialintelligence(AI)infrastructure.AmazonWebServices(AWS),akeydriverofthetechgiantsgrowth,willcontribute14billionpoundstothecountrysGDPinthatspanandsupportaround14,000jobsannually,Amazonsaid.Amazon(AMZN)saiditplanstospend8billionpounds(10.5 billion) to build and operate data centers in the U.K. over the next five years through 2028.The buildout marks a massive expansion of Amazon's cloud and artificial intelligence (AI) infrastructure.Amazon Web Services (AWS), a key driver of the tech giant's growth, will contribute 14 billion pounds to the country's GDP in that span and support around 14,000 jobs annually, Amazon said. Amazon (AMZN) said it plans to spend 8 billion pounds (1 ...