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How the world can tackle the power demands of artificial intelligence

CIO

The world must reshape its technology infrastructure to ensure artificial intelligence makes good on its potential as a transformative moment in digital innovation. New technologies, such as generative AI, need huge amounts of processing power that will put electricity grids under tremendous stress and raise sustainability questions.

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DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot

Crunchbase News

Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based data storage company at $5 billion. billion to develop data centers in Spain. Late last year, AustralianSuper announced it has committed $1.5

Storage 122
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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

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The Week’s Biggest Funding Rounds: Data Storage And Lots Of Biotech

Crunchbase News

DDN , $300M, data storage: Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based data storage company at $5 billion. billion to develop data centers in Spain. billion.

Biotech 117
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Data center design in the age of AI: Integrating AI with legacy Infrastructure

CIO

In the age of artificial intelligence (AI), how can enterprises evaluate whether their existing data center design can fully employ the modern requirements needed to run AI? Evaluating data center design and legacy infrastructure. The art of the data center retrofit.

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AI to go nuclear? Data center deals say it’s inevitable

CIO

AWS, Microsoft, and Google are going nuclear to build and operate mega data centers better equipped to meet the increasingly hefty demands of generative AI. Earlier this year, AWS paid $650 million to purchase Talen Energy’s Cumulus Data Assets, a 960-megawatt nuclear-powered data center on site at Talen’s Susquehanna, Penn.,

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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

OpenAI , $6.6B, artificial intelligence: OpenAI announced its long-awaited raise of $6.6 The company is a so-called “neocloud” — a data center firm providing outsourced cloud computing for those looking to build AI. The startup builds artificial intelligence software for programmers. Rowe Price.

Biotech 121