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Revenue generated by neoclouds expected to exceed $23bn in 2025, predicts Synergy

Pelican Press

By Pelican Press,
in World News

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The revenue generated by neocloud service providers, who are seemingly usurping the traditional hyperscale providers when it comes to hosting artificial intelligence (AI) workloads, is expected to exceed $23bn during 2025. That’s according to market data shared by Synergy Research Group (SRG), which confirmed the revenue generated by neoclouds surpassed $5bn during the second quarter of 2025…

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