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WHTop → 📋 News → Global Cloud Service Spending to Surge 19% in 2025, Says Canalys
Global Cloud Service Spending to Surge 19% in 2025, Says Canalys
📅 - In Q4 2024, worldwide cloud infrastructure services expenditure increased 20% year on year to US$86 billion, according to the latest report by Canalys. Spending during the whole year 2024 increased by 20%, rising from $267.7 billion in 2023 to $321.3 billion in 2024. The proliferation of AI models was the primary driver of this increase, which considerably boosted cloud usage.
By the second half of 2024, all of the leading cloud suppliers had reported favorable returns on AI investments, with AI applications having a significant influence on their total cloud business success. As AI market rivalry heats up, cloud hyperscalers want to increase expenditures in cloud and AI infrastructure in [...][... Check source for end of article ...]
📅 - QuadReal and T5 Capital Expand Data Center Platform to $8B - QuadReal Property Group and T5 Data Centers have expanded their data center investment platform, positioning it for significant growth toward an $8 billion valuation. The partnership, initially formed in 2019, has enabled the development of advanced facilities catering to AI, hyperscale, and enterprise customers across key U.S. markets, including Silicon Valley, Hillsboro, Chicago, Atlanta, and Charlotte.
With increasing demand for cloud and AI-driven infrastructure, the expanded funding will support the creation of a new Scaled Campus initiative, capable of delivering up to 5 gigawatts (GW) of power. QuadReal, a global real estate investment, operating, and development firm, views [...]
📅 - EY, Zscaler Join Forces to Secure Digital Transformation - Through the Alliance, EY US employs Zscaler's services to assist institutions improve their security posture and construct a more robust infrastructure against cyberattacks. With more enterprises deciding to become mobile and digital, this strategic alliance is intended to assist customers in expanding their network and security capabilities, resulting in fast and secure connections between users and applications regardless of device, location, or network.
The Alliance aims to support the development of a modern workplace by combining EY's consulting experience with Zscaler's flagship cloud security solution, the Zscaler Zero Trust Exchange platform. This includes safely and securely [...]
📅 - Hyperlume Raises $12.5M to Advance AI Data Center Interconnects - We continue to push the boundaries of optical communication and deliver transformative solutions for the AI and semiconductor industries," said Mohsen Asad, the co-founder and CEO of Hyperlume.Hyperlume, a Canadian firm, has raised a US $12,500,000 seed round to market its high bandwidth, low latency, and low power interconnects forAI data centersand high-performance computing systems. Hyperlume's innovative technology for AI data centers employs specialized, ultra-fast microLEDs and ultra-low power circuitry to provide considerable performance, cost, and energy-efficiency benefits over typical copper interconnects.
The oversubscribed round was headed by BDC's Deep Tech Venture Fund and [...]
📅 - Europes Data Center Investment to Reach Record Levels in 2025 - Europes data center market is set for unprecedented growth in 2025, with new investments pushing capacity to record levels. According to a recent CBRE analysis, the continent is expected to see 937MW of new data center supply this year, surpassing the 655MW added in 2024 by a significant 282MW. This expansion is driven by increasing demand for colocation capacity, despite ongoing challenges in securing power and land for new developments.
More than half of the new capacity - 57% - will be concentrated in Europes key data center hubs: Frankfurt, London, Amsterdam, Paris, and Dublin. These established markets continue to attract large-scale investments, particularly from hyperscalers [...]
📅 - Gomboc AI Raises $13M to Transform Cloud Security with Deterministic AI - Gomboc AI, which provides deterministic AI solutionsfor cloud security remediation, has secured $13 million in early investment. Ballistic Ventures led a fresh $8 million seed investment, with additional assistance from Glilot Capital Partners and Hetz Ventures, who co-led Gomboc AI's previous $5 million early investment.
The money would help the firm accelerate its aim to address the security backlog that is preventing essential business transformation. The motivation for Gomboc AI sprang from dissatisfaction and curiosity. As a former Chief Information Security Officer (CISO) in charge of safeguarding 15 enterprises under a single corporate body, Gomboc AI Co-founder and CEO Ian Amit [...]
📅 - Former Intel Executives Secure $21.5M for RISC-V Chip Startup - AheadComputing, a startup specializing in next-generation microprocessor architecture, has secured $21.5 million in seed funding to accelerate the development and commercialization of its innovative computing technology. The newly raised capital will be used to expand AheadComputings engineering team, refine its microarchitecture design, and establish a competitive foothold in the processor market.
In just five months, the company has scaled from its four founders to a team of 40, underscoring the markets demand for its cutting-edge solutions.
Beyond its initial focus, AheadComputing is actively seeking strategic partnerships to extend its processor technology across various sectors, [...]
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