3 Cloud Leaders That Will Make a Fortune From AI
Key PointsAmazon and Alphabet are two of the biggest names in cloud infrastructure, and they're experiencing huge growth.
Three leading cloud companies stand to gain significantly from the artificial intelligence (AI) revolution. Amazon (AMZN), Alphabet (GOOG), GOOGL) and Nebius (NBIS) are three such firms. Amazon Web Services (AWS) and Google Cloud, two of the world's largest cloud providers, are racing to expand their data center infrastructure to meet soaring demand for AI computing.
Both companies have accelerated their spending, with AWS' growth rate reaching a 37% pace and Google Cloud's soaring to 82%. This trend suggests long-term growth for these cloud providers as AI computing needs persist.
Nebius, however, offers even more potential. This neocloud company specializes in AI-first cloud computing infrastructure and is rapidly expanding its footprint due to high demand. Despite its size, Nebius is nimble enough to secure contracts that might be too small for larger cloud giants. As a result, Nebius is experiencing rapid growth.
In Q2, its revenue surged 454% year-over-year, and analysts anticipate an even greater 519% and 540% growth in Q3 and Q4, respectively. For 2027, they expect another 268% increase. Nebius' focus on AI computing positions it well for the ongoing AI arms race, which is projected to continue for years to come.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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