AI is helping hyperscalers hoover up even more cash

ChatGPT hype is channelling even more money into public cloud than Gartner initially expected.
The analyst firm on Wednesday raised its 2023 forecast for global end user spending on public cloud to $597.3 billion from $591.8 billion.
Before anyone says that’s not a massive hike, it is still an extra $5.5 billion, which is not exactly pocket change. What’s more, this predicted increase in spending will take place against a backdrop of ongoing economic turbulence, which is forcing many