February 13, 2024

Growth in Cloud Spending Reflects Early-Stage AI Efforts

WSJ

Summary

AI-driven cloud revenue growth reported; early-stage AI projects boost cloud use. Despite AI's enterprise adoption challenges, Amazon, Google and Microsoft credit AI for their cloud business growth. AI tests and proof of concepts boost infrastructure demand. Risks persist due to failure of translating proof of concepts into ROI generating solutions.

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Growth in Cloud Spending Reflects Early-Stage AI Efforts

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