Google, Amazon, and Microsoft are allocating $43 billion to cloud computing to meet AI demand.

Google, Amazon, and Microsoft are allocating $43 billion to cloud computing to meet AI demand.

The world’s cloud computing giants are reportedly increasing their spending as artificial intelligence (AI) grows. Cost of capital byGoogle,AmazonAndMicrosoftThe Financial Times (FT) jumped to a total of $42 billion for the three months to September.It has been reportedSunday (November 5). This figure is up 10% from the previous quarter, and analysts predict that cloud spending …

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