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WHTop → 📋 News → AI Demand Pushes Server and Storage Revenues to $244B in 2024
AI Demand Pushes Server and Storage Revenues to $244B in 2024
📅 - Global demand for AI-powered computing infrastructure has pushed server and storage component revenues to an all-time high of $244 billion in 2024, according to a recent report by the DellOro Group. The surge has been driven by growing investments in GPUs, custom accelerators, high-bandwidth memory (HBM), and storage solutions optimized for AI workloads.
Additionally, the recovery of the general-purpose server market, fueled by increasing memory and storage demand and improved pricing, has further contributed to the growth.
NVIDIAs Hopper and late-2024 Blackwell platforms played a significant role in shaping market trends. However, AMDs Instinct platform has also gained traction, [...][... Check source for end of article ...]
📅 - Broadcom Expands VMware Explore 2025 with Global Events - Broadcomhas unveiled the highlights and additional program aspects of VMware Explore 2025. On August 25, VMware Explore 2025 will kick-off at The Venetian Convention and Expo Center in Las Vegas. VMware Explore will then go to a few cities in Europe, Japan, and Asia Pacific.
Technical and business-level sessions and panel discussions, technical deep-dive sessions, expert roundtables, instructor-led and self-paced labs, and a general session aimed at laying out the course for attendees across private cloud, private AI, and other topics are all part of VMware Explore 2025 in Las Vegas.
Through technology-driven programming, education, and training, attendees will get the chance to acquire [...]
📅 - Millicom Completes Acquisition of Coltel in Colombia - Subject to closing conditions, such as regulatory approvals, Millicom and Telefonica have reached a definitive agreement for Millicom to acquire Telefonicas controlling 67.5% ownership holding in Coltel, strengthening their presence in Colombia.
Additionally, Millicom has committed to paying the same purchase price per share as Telefonica for the remaining 32.5% of Coltel ownership held by La Nacin and other investors. According to the previous release, the $400 million purchase price would be $362 million as of September 30, 2024, subject to usual adjustments for working capital, net debt evolution, and fluctuations in foreign exchange rates.
By creating a strong telecom company with [...]
📅 - Pasqal Quantum Computing Now Available Through Microsoft Azure - Pasqal has revealed an interface with Microsoft services that would make its technology available via the cloud. Pasqal's quantum computer, which employs neutral-atom technology and provides a variety of analog quantum computational capabilities, may now be used by users of the Microsoft Azure Quantum cloud service to tackle challenging computing problems. Through the Azure cloud, it makes quantum technologies more widely accessible.
Quantum computing would be a good fit for data-intensive activities like process optimization and running generative AI models because it provides previously unheard-of speed and problem-solving skills. Unfortunately, there may be certain obstacles to entry [...]
📅 - Ampere Computing to Be Acquired by SoftBank Group for $6.5B - In a $6.5 billion all-cash deal, SoftBank Group will buy Ampere Computing, a well-known independent semiconductor design firm. Under the terms of the agreement, Ampere will operate as a wholly owned subsidiary of SoftBank Group and retain its name.
Ampere's primary investors, Oracle (NYSE: ORCL) and Carlyle (NASDAQ: CG), are selling their stakes in the company as part of the deal.
The acquisition would enable SoftBank Group expand its investments in AI infrastructure in businesses like Stargate and Cristal Intelligence, strengthening its core competencies and propelling its expansion plans.
"Advanced computing power is necessary for the future of artificial super intelligence," said [...]
📅 - Akamai and VAST Data Partner to Advance Edge AI Inference - Akamai Technologies, global provider of cybersecurity and cloud computing, has partnered with AI data platform startup VAST Data to enhance the efficiency and speed of data-intensive AI inferencing. This collaboration aims to integrate VAST Datas approach to AI computing with Akamais vast distributed cloud platform, addressing the growing need for improved local response times and data localization for large-scale, distributed inference applications.
AI inference, unlike AI training, must operate in real-time, often with ultra-low latency, making scalability, cost, and latency key barriers to adoption. While many cloud service providers support centralized AI training, few offer inference [...]
📅 - Evroc Secures 50M to Advance Europes Cloud and AI Independence - Evroc, a company from Sweden building hyperscale cloudand critical AI infrastructure across Europe, has secured over 50 million in one of the continent's largest Series A funding rounds in the technology sector. This investment, completed in 2024, would represent one of the biggest Series A transaction in the Nordic technology industry, underscoring the growing momentum behind independent European hyperscale cloud and artificial intelligence (AI) infrastructure.
The funding would accelerate key milestones for Evroc in what is set to be a transformative year for the company. Among its major initiatives, Evroc plans to open an AI factory in Mougins, France, and has secured land in [...]
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