Cloud infrastructure spending reached $143.4 billion in the second quarter of 2026, according to Synergy Research Group’s July 30 market update. That was 43% above the year-earlier quarter and took trailing 12-month revenue to $500 billion. Synergy said the market had doubled in eleven quarters. The figures cover infrastructure as a service, platform as a service and hosted private cloud; they do not measure the entire software subscription market. That distinction matters when investors...