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TechRadar
TechRadar
Craig Hale

Global cloud market soars again, but AI could pose a risk

Image of someone clicking a cloud icon.

Despite obvious economic challenges, new Synergy Research Group figures show a positively upward trend in the amounts being spent by enterprises on their cloud infrastructure services. 

As of the second quarter of 2023, enterprise spending on cloud infrastructure services was $64.8 billion worldwide, up by $10 billion compared with the same period of 2022 and the third successive quarter of growth amid restricting budgets.

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