The global cloud infrastructure services market remains strong, buoyed in part by enterprise interest in AI. That interest is in turn spurring the Big 3 cloud vendors to accelerate AI offerings in hopes of winning even larger portions of the global cloud market, even as CIOs seek to sharpen strategies to curb costs and maximize their return from the cloud. In the second quarter of 2024, global spending on cloud infrastructure services grew by 19% year-over-year to surpass the $78 billion mark. While enterprise IT budgets have grown, a significant portion of spending is now going to investments…