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Could centralization be the silent killer of AI and cloud innovation?

Could centralization be the silent killer of AI and cloud innovation?

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Source: Coin Telegraph

Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.

Advancements in cloud computing, data storage and artificial intelligence have transformed how businesses operate and manage information. However, this transformation has also led to challenges because these technologies are highly centralized and in the hands of a few tech giants. 

The cloud computing industry is currently dominated by three key players: Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform. These companies control over 65% of the global cloud computing market. AWS holds the largest share at 31%, followed by Microsoft Azure at 25% and Google Cloud at 11%. This concentration of power raises several concerns for the broader technology ecosystem.

Growth of leading providers’ customer count since 2019

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Author: John W