![]() ![]() In the United States, both the Federal Trade Commission and President Joe Biden have highlighted concerns about competition in cloud markets as a potential problem for AI development. Governments around the world are taking notice of what is happening in an increasingly high-profile industry. ![]() Regulatory scrutiny at home and abroad is growing The top three providers of AI in the cloud are Amazon, Microsoft and Google by a wide margin, followed by smaller cloud providers including IBM and Oracle. Today, artificial intelligence accounts for just a small portion, perhaps less than 10%, of the $563 billion public cloud market, according to the market research firm Gartner. Only a few cloud platforms can deliver the enormous amounts of processing that AI companies and their customers increasingly need, said Matthew Prince, CEO of the internet monitoring and security company Cloudflare.Īs AI developers and other businesses looking to use AI become more dependent on cloud providers, Prince said in an interview, “I think that they certainly are going to have a bigger role in picking the winners and losers” of the AI industry. Even as the public cloud market expands by leaps and bounds overall - the total spending may jump more than 20% to $679 billion next year, according to the market research firm Gartner - artificial intelligence could make up between 30% and 50% of that pie in as little as five years, Gartner and other industry analysts say.
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