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EU Cloud and AI Development Act to tackle EU's 'sad story' on hyperscalers, official says

By Matthew Newman ( June 5, 2025, 20:13 GMT | Insight) -- The European Union’s experience in developing hyperscalers has been a “sad story” that will be addressed with an upcoming Cloud and AI Development Act, a senior European Commission official said today. The push for EU cloud sovereignty and reduced dependence on US cloud service providers follows several years of decreasing market share of European cloud providers. Amazon Web Services, Microsoft Azure, and Google Cloud have about 80 percent market share between them.The European Union’s experience in developing hyperscalers has been a “sad story” that will be addressed with an upcoming Cloud and AI Development Act, a senior European Commission official said today....

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