India, Feb. 5 -- Kesava Reddy, Chief Revenue Officer, E2E Networks discusses AI and Cloud computing here.

How is AI shaping Cloud Computing technology in 2024?

Kesava Reddy - Recent reports predict that the global AI market is projected to reach $407 billion by 2027, with a 37.3% annual growth rate between 2023 and 2030. In the Indian market, IndiaAI initiative by MeitY expects it to contribute $500 billion to India's GDP by 2025, accounting for 10% of the country's target of $5 trillion GDP.

The increasing adoption of AI signifies a swiftly expanding demand for cloud platforms, infrastructure, and services specifically tailored for AI. Technologies such as Generative AI and other emerging AI tools are founded on deep learning models a...