Intelligence Update
Neoclouds: a cost-effective AI infrastructure alternative
Over the past decade, three tech giants have solidified their dominance in the cloud computing market: Amazon Web Services (AWS), Microsoft Azure and Google Cloud. Estimates suggest that by the end of 2023, these companies collectively controlled around two-thirds of global cloud spending, a notable increase from 47% in 2016.
As AI became a key driver of innovation, these hyperscalers expanded their offerings to include a diverse portfolio of tools and services. These include machine learning platforms, GPU-equipped server instances, and custom application-specific integrated circuits (ASICs) designed to facilitate the development and deployment of AI applications.
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