
HPC-AI Spending in the Cloud is Projected to Grow to Over $23B in 2029
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Authors: Mark Nossokoff, Jaclyn Ludema, and Earl Joseph
Publication Date: September 202025
Length: 6 pages
Driven by continued demands for dynamic and flexible access to the most advanced AI and HPC computational resources, and increased adoption of AI into scientific and engineering workflows, spending for HPC-AI resources in the cloud is projected to grow almost 20% annually over the 2025-2029 planning horizon. Accounting for approximately 15% of overall spending on HPC-AI resources (inclusive of both on-premises and cloud) in 2024, cloud share of spending of the total HPC-AI market is expected to make up over 20% of the market in 2029.
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