When cloud computing first became vital to businesses, it provided access to immense computing power without significant infrastructural commitments, revolutionizing technology deployment.
Despite concerns of a slowdown in 2023, cloud spending is forecasted to increase by 20% in 2024, driven by the surge in generative AI adoption.
Generative AI requires extensive compute and GPU infrastructure for effective training and inferencing, making the cloud an essential resource for most firms.
Most organizations will leverage the cloud for AI by renting GPU capacity or using AI tools available on cloud platforms, ensuring flexible development.
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