Obama administration wants to give Amazon a bigger slice of the cloud market

  • October 28, 2021

Amazon has filed paperwork with the U.S. government requesting a bigger chunk of the nation’s cloud market, which is estimated to be worth $1.2 trillion.

The announcement is the latest in a string of moves by the White House to try to shore up its position in the cloud-based marketplace.

The move comes a week after the White and congressional leaders signed a deal that would allow Amazon to expand its cloud services, including cloud-computing and video-streaming services.

The White House has been urging Amazon to offer its services to consumers, but its push for such a move has been met with skepticism from consumer advocates.

Amazon has said it will create a marketplace for its cloud-hosting service, Amazon Web Services, and will use that to compete with rivals such as Microsoft, Google and Facebook.

The company said in December that it would invest $1 billion to expand the number of employees it has in the United States.

Amazon has not said how much the investment would help its cloud business.