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How much traffic (how many visitors/concurrent visitors) are you getting?
You can run small instance on shared hosting. It depends.
you have to build several data centers with thousands of servers
It is possible to run Magento on shared hosting, but VPS / Dedicated Servers are recommended. The minimum RAM recommended by Magento was 2GB, but in general we have taken 4C/4GB as a minimum. You can read more here: https://experienceleague.adobe.com/docs/commerce-operations/installation-guide/system-requirements.html?lang=en