The numbers are in, and the cloud infrastructure market grew at a brisk pace this quarter driven by increasing interest in generative AI. © 2024 TechCrunch. All rights reserved. For personal use only.
For the last several quarters we’ve seen a lull in the expansion of the cloud infrastructure market, with lower growth numbers than we’ve been accustomed to seeing in the past. That changed this quarter thanks in large part to interest in g…
We’ve talked about the first to market advantage before, and it certainly applies when it comes to the cloud infrastructure market. While Microsoft made headlines this week for its AI implementation, and Alphabet took a big stock hit for its slight clo…
We’ve talked about the first to market advantage before, and it certainly applies when it comes to the cloud infrastructure market. While Microsoft made headlines this week for its AI implementation, and Alphabet took a big stock hit for its slight clo…
Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it has to do with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud vendors —…
It would be easy to think the best days of the public cloud are over, but the data suggests otherwise, and there’s lots of room for growth. In spite of recent a downward trend, the future remains bright for cloud by Ron Miller originally published on TechCrunch
As expected, companies are continuing to cut back on their cloud spend where possible, as tech budgets continue to get careful scrutiny. That resulted in a quarter in which the cloud grew 19%, up $10 billion over last year to $63 billion. That doesn’t sound too terrible, except when you compare the numbers to last…
It was a rough quarter for the cloud infrastructure market as companies looked for ways to cut back on spending in an uncertain economy. When you combine that with the strong dollar and a weak Chinese market, the market slowed to 21% growth, a precipitous drop from the 36% growth we had seen the year…
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