Cloud AI Market Set to Skyrocket: Key Players and Emerging Trends Driving Future Growth
Cloud AI market is set for explosive growth, with projections rising from $80.56 billion in 2024 to $428.59 billion by 2029. This growth represents a compound annual rate of 40.5%.
Meta’s $60 Billion Bet: Countering China’s AI Surge
The company plans a staggering $60 billion investment in 2025 to strengthen its AI development and infrastructure.