Technology

Surge in Cloud Spending Reaches $95.3 Billion Fueled by AI Demand

Cloud infrastructure services spending skyrocketed in Q2 2025, largely due to a huge uptick in artificial intelligence workloads, legacy system migrations, and the growth of cloud-native technologies. Canalys reports total expenditure hit $95.3 billion—up 22% from last year—maintaining over 20% growth for four quarters straight.