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Global AI Infrastructure Spending to Double by 2028, Reaching $632B
📅 - Spending onartificial intelligence (AI)including AI-enabled applications, infrastructure, and related IT and business services, will more than double by 2028, when it is expected to reach $632 billion, according to IDC. The rapid incorporation of AI, and generative AI (GenAI) in particular, into a wide range of products would result in a compound annual growth rate (CAGR) of 29.0% over the 2024-2028 forecast period.
Ritu Jyoti, Group Vice President and General Manager, AI and Data Research at IDC, stated that AI-powered transformations have delivered tangible business outcomes and value for organizations worldwide. These organizations are basing their AI strategies around company [...][... Check source for end of article ...]
Tags: AI
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📅 - Hudson IX Expands New York Colocation Capacity to Support AI - New York data center operator Hudson Interxchange (Hudson IX), located at 60 Hudson Street, is greatly increasingcolocation capacityat its iconic New York City facility. Two more data halls with a 2MW capacity are now under construction. The extra capacity will be used to support rack-level high-density computing architecture aimed at powering artificial intelligence (AI) applications.
With this expansion, Hudson Interxchange is now able to support high-density racks to meet the demands of emerging AI and ML applications, said Atul Roy, CEO of Hudson IX.At 60 Hudson Street, Hudson IX is the owner of its own electricity infrastructure. The data center operator has access to 15MW of [...]
📅 - Synergy: Top-20 Global Markets for Colocation and Hyperscale Data Centers - According to recent findings from Synergy Research, just twenty metropolitan areas are responsible for sixty percent of the globaldata center colocationmarket at the present time. Similarly, only twenty state or metropolitan markets are responsible for sixty-two percent of the global hyperscale data center capacity at the present time.
With about 7% of the market, Northern Virginia is the largest data center colocation market. Tokyo comes in last at 4%, followed by Beijing, London, and Shanghai, each of which contributes around 5% of the total. Eight of the top 20 markets for data center colocation are located in the United States, seven are in Asia-Pacific, four are in Europe, and one is [...]
📅 - Rackspace Launches OpenStack Enterprise, Reinforcing OpenStack Commitment - Rackspaces investment in OpenStack empowers businesses to prioritize innovation over infrastructure, offering cloud flexibility at a fraction of the cost of competitors. Customers leveraging OpenStack Enterprise also benefit from Rackspaces unparalleled support and expertise, ensuring peak performance and efficiency across their cloud environments.
Enterprises are seeking cost-effective, flexible cloud alternatives that provide a high degree of control, aligned with open-source principles and community-driven innovation, said Josh Villarreal, General Manager, OpenStack and Kubernetes, at Rackspace Technology. Our re-dedication to OpenStack tackles long-standing platform challenges by [...]
📅 - OCP Teams with Tech Giants to Pioneer Low-Carbon Concrete in Data Centers - The Open Compute Project Foundation (OCP), a nonprofit known for pioneering hyperscale advances in the data center sector, has unveiled a groundbreaking partnership to create and implement low-carbon concrete, or green concrete. This program, which is in line with larger industry goals to minimize greenhouse gas emissions, would represent significant progress in efforts to reduce the environmental impact of data center development.
To promote the widespread use of low-carbon concrete in data center construction, the OCP has brought together Microsoft, Google, Amazon Web Services (AWS) and Meta in a partnership. Wiss, Janney, Elstner Associates (WJE), a company known for its expertise in [...]
📅 - IDC: Asia/Pacific Public Cloud Market Grew 24.2% to $41.5B in 2023 - According to IDCs Worldwide Semiannual Public Cloud Services Tracker, 2H2 3, the market forpublic cloudservices in Asia/Pacific excluding Japan and China (APeJC) reached US$41.5 billion in 2023, growing at a rate of 24.2% year over year (YoY).
With the exception of China and Japan, the top five public cloud service providers in Asia/Pacific (listed alphabetically) are still Salesforce, SAP, Microsoft, Google, and Amazon Web Services (AWS). Despite encountering obstacles from emerging competitors and multinational corporations, they managed to secure 41.2% of the overall market share in 2023 - a little increase over 41.0% in 2022.
The emergence of generative AI (GenAI) was the primary [...]
📅 - LightEdge Announces Major Enhancements with Nutanix Dedicated Cloud - Were excited to make Nutanix Dedicated Cloud available to our customers, said LightEdge CEO Jim Masterson. It gives our customers another choice in single-tenant cloud and is an excellent solution for businesses needing dedicated resources, high performance, scalability, and disaster recovery capabilities built-in.
Following theConnectria acquisitionin April, both teams are growing with new solutions, geographies and team members. LightEdge is now one of the only secure and compliant infrastructure providers in the country offering both hybrid colocation and tailored multi-cloud solutions.
Nutanix Dedicated Cloud is ideal for many use cases, including: High-Performance [...]
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