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Cloud giants pour nearly $600B into capex as AI demand surges
Revenue is soaring, yet hyperscalers say they still cannot build capacity fast enough AI has turbocharged an already expanding cloud services market as organizations pour billions into online platforms offering the compute needed to train…
Summary
Revenue is soaring, yet hyperscalers say they still cannot build capacity fast enough AI has turbocharged an already expanding cloud services market as organizations pour billions into online platforms offering the compute needed to train and run models, swelling the coffers of the established giants.
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