Cloud computing currently generates large profits for Amazon (AMZN), Microsoft (MSFT), and Google (GOOGL), but this now faces a threat with the rise of AI cloud specialists and Nvidia (NVDA), a new industry power broker, Asa Fitch of The Wall Street Journal reports. Nvidia launched its own cloud-computing services two years ago and has nurtured upstarts competing with big cloud companies, investing in CoreWeave (CRWV) and Lambda. While these moves have not yet made a large dent, a competitive shift may happen if computing demand continues to shift toward AI.
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