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Cloud infrastructure saw its biggest revenue growth ever in Q4
After a few quarters in the doldrums, the cloud computing market came back in a big way this quarter with record quarter-over-quarter growth.
Synergy reports that the big 3 constitute 67% of overall market share, or approximately $50 billion in total cloud revenue coming from the the three largest companies for a single quarter. Scott Raney, a partner at Redpoint told TechCrunch at re:Invent in December that Amazon was clearly playing catch up when it came to AI, and it was an unusual place for the company to find itself. Whether Microsoft’s aggressive approach to AI represents a similar advantage isn’t clear yet, but it’s hard to ignore a two percentage point market share increase in a single quarter.
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