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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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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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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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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

Storage 195
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Simplify your storage management by leveraging a universal storage layer

CIO

In a 2023 survey by Enterprise Strategy Group , IT professionals identified their top application deployment issues: 81% face challenges with data and application mobility across on-premises data centers, public clouds, and edge. 82% have difficulty sizing workloads for the optimal on- or off-premises environment.

Storage 167
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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

(tied) Crusoe Energy Systems , $500M, energy: Back in 2022, the Denver-based company was helping power Bitcoin mining by harnessing natural gas that is typically burned during oil extraction and putting it toward powering the data centers needed for mining — raising a $350 million Series C equity round led by G2 Venture Partners , at $1.75

Biotech 121
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Private Data Center Trends for 2014 and Beyond

CTOvision

Today’s data centers are being built at the forefront of industry standards. Within the past five years, the way we construct data centers has changed dramatically. David Cappuccio, the Chief of Infrastructure Research at Gartner, told CIO that “Data centers will no longer be constrained by one specific site.