As someone with experience with a company that did hybrid, I’ll say: it only makes sense if your infra team deeply understands computers.
The end state is “just some IaC,” wherein it doesn’t really matter to anyone where the application lives, but all of the underlying difficulties in getting to that state necessitate that your team actually, no-shit knows how distributed systems work. They’re going to be doing a lot of networking configuration, for one, and that’s a whole speciality.