2 articles
The cloud-first mandate is outdated. Two independent pressures — cost math and jurisdictional law — are converging on hybrid architecture. Hyperscalers are winning the frontier AI layer almost unopposed while losing share at the steady-state, compliance-heavy layer. Multi-cloud is increasingly accidental architecture, not strategic hedging.
Enterprises spent $684 billion on AI in 2025, and $547 billion produced no measurable result. The money is going to the wrong places — idle compute, tool sprawl, consulting markup — while actual return drivers get starved.