Is the cloud and AI becoming two sides of the same coin?

The global AI market is expected to grow from $21.46 billion in 2018 to $190.61 billion by 2025. On the other hand, however, the public cloud industry stood at $182.4 billion in 2018 and is projected to grow 17.5% in 2019 to total $214.3 Unlike AI, the cloud industry has already trodden the path from hype to broad adoption, and become a different beast altogether. With the cloud industry propelling this sort of growth, could the forecasts about AI adoption ultimately prove to be conservative? Or, perhaps it's time we realised that the AI and cloud computing industries are not mutually exclusive.