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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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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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How cloud adoption solves some of IT’s biggest headaches

CIO

In an era when artificial intelligence (AI) and other resource-intensive technologies demand unprecedented computing power, data centers are starting to buckle, and CIOs are feeling the budget pressure. There are many challenges in managing a traditional data center, starting with the refresh cycle.

Cloud 145
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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