29% of cloud spend is wasted: CostGraph bets AI cost management becomes core infra
saheedniyi_02 · x · 2026-11-05
Condia profiles CostGraph, a cloud cost management company positioning cost control as an infrastructure product as AI drives spending higher.
Key context: AI made building products faster but tracking their cost harder — finance sees the bill but not why, engineering sees usage but not per-workload cost. As infrastructure spreads across cloud providers, Kubernetes clusters and a growing set of AI services, the gap between consumption and payment widens.
The piece cites Flexera's 2026 State of the Cloud report estimating that 29% of IaaS and PaaS cloud spending is wasted. CostGraph aims to help companies understand, optimise and automate infrastructure cost usage across all dimensions.
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