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Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal

CIO

Deepak Jain, CEO of a Maryland-based IT services firm, has been indicted for fraud and making false statements after allegedly falsifying a Tier 4 data center certification to secure a $10.7 The Tier 4 data center certificates are awarded by Uptime Institute and not “Uptime Council.”

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Microsoft will invest $80B in AI data centers in fiscal 2025

CIO

Microsoft is on track to invest around $80 billion this fiscal year to build out AI-enabled data centers, company president Brad Smith said Friday.

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Eye On AI: As Big Money Rolls Into Data Centers, Startup Investment Gains

Crunchbase News

It’s been hard to browse tech headlines this week and not read something about billions of dollars being poured into data centers. billion to develop data centers in Spain. Energy and data center company Crusoe Energy Systems announced it raised $3.4 So far this year, $1.3 So far this year, $1.3

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AI, Data Center And Energy Startups Get Large Capital Infusion In October

Crunchbase News

The surge was driven by large funds leading supergiant rounds in capital-intensive businesses in areas such as artificial intelligence, data centers and energy. And not far off from a billion, Pacific Fusion , a nuclear fusion technology company, raised more than $900 million in a round led by General Catalyst.

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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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Hungry for resources, AI redefines the data center calculus

CIO

The AI revolution is driving demand for massive computing power and creating a data center shortage, with data center operators planning to build more facilities. But it’s time for data centers and other organizations with large compute needs to consider hardware replacement as another option, some experts say.

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Technology Trends for 2025

O'Reilly Media - Ideas

Gartner has generative AI slipping into the trough of disillusionmentand whatever you think of the technologys promise, remember that the disillusionment is a sociological phenomenon, not a technical one, and that it happens because new technologies are overhyped. But OpenAI and Anthropic are demonstrating important paths forward.

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