Artificial Intelligence as a Service Market Sees Rapid Growth, Projected to Reach $289.25 Billion by 2033
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#482b92ce ver:0.44
The global Artificial Intelligence as a Service (AIaaS) market is projected to reach $289.25 billion by 2033, driven by technological advancements. Microsoft's Azure is challenging Amazon's cloud dominance, with a 28.9% growth in Q1 2024. Microsoft's AI strategy, including services like Copilot, is attracting clients. Coca-Cola signed a $1.1 billion deal with Microsoft to leverage Azure's AI services. Microsoft also expanded its collaboration with Cognizant, aiming to deploy Copilot to a million users. However, Microsoft is facing an antitrust probe related to its cloud computing practices. The AIaaS market faces challenges like high upfront costs and data privacy concerns. #AI #cloudcomputing #Microsoft #Azure #Amazon #CocaCola #Cognizant...
#newstr #CloudComputing #Aiaas #ArtificialIntelligence #MicrosoftAzure #AmazonWebServices #GoogleCloudPlatform
https://here.news/story/482b92ce?ver=0.44
Cognizant and Microsoft Collaborate to Boost GenAI Adoption /
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2024-05-13 16:59:51
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"content": "Artificial Intelligence as a Service Market Sees Rapid Growth, Projected to Reach $289.25 Billion by 2033\n===============\t\n#482b92ce ver:0.44\n\nThe global Artificial Intelligence as a Service (AIaaS) market is projected to reach $289.25 billion by 2033, driven by technological advancements. Microsoft's Azure is challenging Amazon's cloud dominance, with a 28.9% growth in Q1 2024. Microsoft's AI strategy, including services like Copilot, is attracting clients. Coca-Cola signed a $1.1 billion deal with Microsoft to leverage Azure's AI services. Microsoft also expanded its collaboration with Cognizant, aiming to deploy Copilot to a million users. However, Microsoft is facing an antitrust probe related to its cloud computing practices. The AIaaS market faces challenges like high upfront costs and data privacy concerns. #AI #cloudcomputing #Microsoft #Azure #Amazon #CocaCola #Cognizant...\n\n#newstr #CloudComputing #Aiaas #ArtificialIntelligence #MicrosoftAzure #AmazonWebServices #GoogleCloudPlatform \n\n https://here.news/story/482b92ce?ver=0.44",
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