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WHTop → 📋 News → IDC: Global AI Infrastructure Spending to Hit $100 Billion by 2028
IDC: Global AI Infrastructure Spending to Hit $100 Billion by 2028
📅 - The global market forAI infrastructureis poised for remarkable growth, with spending expected to surpass $100 billion by 2028, according to the International Data Corporation's Worldwide Semiannual Artificial Intelligence Infrastructure Tracker. The report reveals that in the first half of 2024 alone, organizations worldwide invested $31.8 billion in computing and storage hardware for AI installations, representing a 37% year-over-year increase.
This surge marks the ninth consecutive half-year of double-digit growth in the AI infrastructure sector, driven primarily by investments in servers designed for AI applications.
In the first half of 2024, servers accounted for 89% of the total AI [...][... Check source for end of article ...]
Tags: AI
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