Hyperscalers place big bets on AI as cloud spending rolls on
CIO
AUGUST 14, 2024
The global cloud infrastructure services market remains strong, buoyed in part by enterprise interest in AI. In the second quarter of 2024, global spending on cloud infrastructure services grew by 19% year-over-year to surpass the $78 billion mark. from Google Cloud and GPT-4o mini from Azure. Sonnet and other APIs.
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