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

TechCrunch

According to an IDC survey commissioned by Seagate, organizations collect only 56% of the data available throughout their lines of business, and out of that 56%, they only use 57%. That’s why Uri Beitler launched Pliops , a startup developing what he calls “data processors” for enterprise and cloud data centers.

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Nutanix CEO sees multi-year opportunity after Broadcom’s VMware acquisition

CIO

Historically, data center virtualization pioneer VMware was seen as a technology leader, but recent business changes have stirred consternation since its acquisition by Broadcom in late 2023. This is prompting the CIO shift to hybrid and multicloud. I would see this as an acceleration.”

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How the world can tackle the power demands of artificial intelligence

CIO

Chief Marketing Officer, recently engaged in an extensive discussion on exactly how photonics technology could help meet the power demands of AI. Mabrucco first explained that AI will put exponentially higher demands on networks to move large data sets. John Gallant, CIO.coms Enterprise Consulting Director and Vito Mabrucco, NTT Corp.

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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

According to Synergy Group , an IT market research firm, Amazon, Microsoft and Google together held a 65% share of the global cloud services market as of Q2, up 61% year-over-year. Wasabi, which doesn’t charge fees for egress or API requests, claims its storage fees work out to one-fifth of the cost of Amazon S3’s.

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Storage: The unsung hero of AI deployments

CIO

As enterprises begin to deploy and use AI, many realize they’ll need access to massive computing power and fast networking capabilities, but storage needs may be overlooked. In that case, Duos needs super-fast storage that works alongside its AI computing units. “If If you have a broken wheel, you want to know right now,” he says. “We

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