article thumbnail

Gartner projects major IT spending increases for 2025

CIO

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Data center spending will increase again by 15.5% in 2025, but software spending — four times larger than the data center segment — will grow by 14% next year, to $1.24

article thumbnail

Pliops lands $100M for chips that accelerate analytics in data centers

TechCrunch

That’s why Uri Beitler launched Pliops , a startup developing what he calls “data processors” for enterprise and cloud data centers. “It became clear that today’s data needs are incompatible with yesterday’s data center architecture. Marvell has its Octeon technology.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO

Saudi Arabia has announced a 100 billion USD initiative aimed at establishing itself as a major player in artificial intelligence, data analytics, and advanced technology. These include data center expansion, tech startups, workforce development, and partnerships with leading technology firms.

article thumbnail

Marsh McLennan IT reorg lays foundation for gen AI

CIO

Re-platforming to reduce friction Marsh McLennan had been running several strategic data centers globally, with some workloads on the cloud that had sprung up organically. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

article thumbnail

Speedata emerges from stealth with $70M and groundbreaking chip technology to accelerate big data analytics processing

TechCrunch

Data centers are taking on ever-more specialized chips to handle different kinds of workloads, moving away from CPUs and adopting GPUs and other kinds of accelerators to handle more complex and resource-intensive computing demands. “We were grossly oversubscribed for this round,” he said.

Big Data 246
article thumbnail

Marsh McLellan IT reorg lays foundation for gen AI

CIO

Re-platforming to reduce friction Marsh McLellan had been running several strategic data centers globally, with some workloads on the cloud that had sprung up organically. Simultaneously, major decisions were made to unify the company’s data and analytics platform.

article thumbnail

How Du’s vision for sovereign cloud and AI will transform UAE’s digital governance

CIO

Al Awadi points to several key areas where AI will have an immediate impact, such as client-facing channels like chatbots, call center analytics, and other AI-powered tools that will enhance customer service and public interaction. Du has made it clear that security is their top priority, particularly when dealing with government data.