GenAI boosts cloud adoption, revenue growth of IT firms

Cloud computing has been a part of the tech scene for years, but its adoption has surged recently. While initially, the Covid-19 pandemic accelerated digital transformation, pushing businesses toward the cloud, the rise of Generative AI (GenAI) is further driving this shift.

Analysts say the need for powerful, scalable, and efficient computing to train and deploy large language models (LLMs) makes cloud services essential in this new era of AI.