By 2026, forecasts suggest the cloud computing market will be worth $947 billion: by 2028, $1 trillion.1–2 Cloud computing is transforming how businesses operate – 96% now use the cloud and it’s not just storage that has companies flocking.1 While some 60% of all business data is now stored in the cloud, 48% of businesses plan to migrate at least half of their applications to the cloud and a further 20% all of their applications.1–2 And with a staggering 82% of companies either exploring or already using artificial intelligence, those applications are increasingly going to rely on AI.3 Indeed, by 2028 50% of cloud computing resources will be devoted to AI and machine learning.
So, with businesses staking their futures on the future of the cloud and AI, ahead of the AI Infrastructure & Architecture Summit, join us as we take a look at eight reasons why that future is made of custom silicon.