Cloud Giants' AI Ambitions Raise Competition Concerns
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A handful of major cloud computing companies like Amazon, Microsoft, and Google dominate the market and have huge influence over AI development.
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AI currently makes up a small part of cloud spending but is expected to be 30-50% of the over $650 billion market in just 5 years.
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Governments globally are scrutinizing the potential for anti-competitive practices by the major cloud providers.
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Exclusive partnerships between AI startups and cloud vendors raise concerns over locking in customers and unfair advantages.
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Some AI companies like Cohere AI have avoided exclusive deals to prevent being beholden to any one cloud provider.