Amazon Web Services (AWS), Amazon's cloud computing arm, plans to invest £8 billion (about $10.5 billion) in the United Kingdom by 2028 to build and operate new data centers to meet the market's demand for cloud technology and services.

This investment will help strengthen AWS's infrastructure in the UK and provide businesses with more powerful cloud computing capabilities. With the widespread adoption of AI technology, the demand for computing power in data centers has risen dramatically, prompting tech companies to increase capital spending to expand their infrastructure.

Amazon has already invested more than £3 billion in the UK since 2020 to build data center clusters. The announced $10.5 billion investment program will bring Amazon's total investment in the UK to more than £11 billion, cementing its position as a leader in the UK technology market and providing more advanced cloud and AI technology support to local businesses.

Amazon chief executive Andy Jassy has already signaled a shift in the company's focus to AI innovation, aiming to catch up with Microsoft and Google's leadership in the field. In order to meet the huge demand for computing power for AI technology, Amazon is continuously investing more in data centers, real estate and chips to expand its global infrastructure.

In addition to Amazon, tech giants like Microsoft are also investing more in AI and cloud infrastructure. Microsoft has announced a multi-billion dollar investment program in 2023 to expand its cloud and AI infrastructure in Europe including countries like Sweden, Germany and France. This shows that major tech companies are competing fiercely to capitalize on the global wave of AI technology and expect to stay ahead of the curve in this space.