Market & Regulation
Record Cloud Growth Amid AI Demand
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Why it matters
- →Reflects the growing reliance on cloud infrastructure for AI.
- →Highlights economic opportunities for cloud providers.
- →Indicates a broader trend of digital transformation.
Major cloud service providers are experiencing unprecedented growth, driven by the rising demand for AI technologies. This surge is linked to the increased need for computational resources to support AI applications, which has also led to higher GPU rental costs. The growth in cloud services underscores the critical role of infrastructure in the expanding AI ecosystem.
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