Cloud infrastructure spend jumps 29% on AI demand

Global cloud spending on infrastructure services hit $110.9 billion in Q4 2025, a 29% year-over-year increase. That kind of jump is hard to ignore, especially when it comes from the biggest buyers and builders in tech: the hyperscalers.

The number points to a simple reality. Enterprise demand for AI training, inference, and general cloud workloads is still rising fast, and the large providers are spending heavily to keep up. The result is a cloud market that is growing in dollars, even as customers keep pressure on pricing and efficiency.

Why the bill keeps climbing

The latest spending surge is tied to one thing above all else: capacity.