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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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AMD to acquire data center optimization startup Pensando for $2B

TechCrunch

AMD is in the chip business, and a big part of that these days involves operating in data centers at an enormous scale. AMD announced today that it intends to acquire data center optimization startup Pensando for approximately $1.9 Jain will join the data center solutions group at AMD when the deal closes.

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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. Image Credits: Pliops.

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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

Hardware 216
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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” The Fungible team will join Microsoft’s data center infrastructure engineering teams, Bablani said. .

Azure 282
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Why Does Hardware Matter in a Software-Defined Data Center?

Dell EMC

Today, organizations with a modernized infrastructure (aka “modernized” firms) are much better positioned to handle emerging technologies than their competitors with aging hardware. The right software-defined data center (SDDC) solutions can help organizations address those heavy demands and accommodate future growth.

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TechCrunch+ roundup: Big Data’s cloud backlash, CVC pitch tips, de-risking hardware startups

TechCrunch

Soon after, when I worked at a publicly traded company, our on-prem data center was resilient enough to operate through a moderate earthquake. Over the last three years, our data has shown a steady decline in multiyear deals,” he writes in TC+.

Hardware 215