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WHTop → 📋 News → AI Demand Drives Server and Storage Revenues to $244B in 2024
AI Demand Drives Server and Storage Revenues to $244B in 2024
📅 - A new report from DellOro Group reveals that surging demand for artificial intelligence infrastructure propelled global server and storage component revenues to a record $244 billion in 2024. The growth was primarily driven by GPUs, high-bandwidth memory (HBM), specialized accelerators, and AI-optimized storage systems, according to the latest *Data Center IT Semiconductors and Components Quarterly Report*.
The findings highlight a year of significant expansion across AI-specific hardware segments, particularly in accelerated systems built around NVIDIAs Hopper platform and its newer Blackwell architecture introduced in late 2024.
While NVIDIA remained the dominant vendor in the data [...][... Check source for end of article ...]
📅 - SEGRO, Pure DC Launch 1B Data Center JV in West London - SEGRO, a UK-based real estate investment trust, and Pure DC, a global data center operator, have announced the formation of a 50:50 joint venture to deliver a major data center project in West London. SEGRO Pure Premier Park Data Centre Ltd will design and build a fully equipped data center in Park Royal, London.
The joint venture combines SEGROs real estate and development expertise with Pure DCs decade-long experience in constructing and operating data centers for hyperscale clients. The project will be located on a 10-acre industrial site owned by SEGRO within SEGRO Park Premier Road, a super-prime industrial estate in Park Royal acquired by the company in 2009. The development is [...]
Australian quantum sensing startup DeteQt has secured $750,000 in pre-seed funding from U.S. deep-tech investor ATP Fund and Australia's Main Sequence Ventures. The funding positions the company to accelerate its development of quantum magnetometers and expand its presence in the global quantum sensing market.
DeteQt, a spin-out from the University of Sydney Nano Institute, has drawn attention for its proprietary diamond-on-silicon technology. This approach integrates nitrogen-vacancy diamond quantum sensors with conventional silicon-based semiconductor manufacturing [...]
📅 - Nscale, InfraPartners Partner on 60MW AI Data Center in Norway - InfraPartners and Nscale have entered into a strategic partnership to develop a 60-megawatt AI data center in Glomfjord, Norway, doubling the capacity of the current 30MW facility already in operation. This joint initiative reflects growing demand for sustainable and scalableAI infrastructure, and aims to meet the increasing computational needs of advanced GPU-based workloads.
The expansion will leverage InfraPartners modular, prefabricated construction methodology, a process designed to streamline deployment, enhance build quality, and reduce both costs and environmental impact.
By manufacturing core components off-site, InfraPartners seeks to minimize labor expenses, accelerate [...]
📅 - LiquidStack Opens Second Production Facility in Carrollton, Texas - LiquidStack, a global leader in liquid cooling solutions for data centers, has announced the opening of a second manufacturing facility in Carrollton, Texas, just blocks away from its current headquarters and production center in the Dallas-Fort Worth Metroplex. The new 17,000-square-foot facility will serve both as an expanded production site and a hub for research, development, and service training.
This move comes amid surging global demand for advanced cooling technologies, particularly those supporting the growing infrastructure needs of artificial intelligence workloads. LiquidStack has reported unprecedented growth since the launch of its CDU-1MW (Coolant Distribution Unit) in [...]
📅 - Liquid Web Unveils Acronis-Powered Disaster Recovery for VMware - Liquid Web, a global provider of cloud hosting and managed services for small and midsize businesses, has launched a new disaster recovery solutionpowered by Acronis, aimed specifically at safeguarding VMware workloads. This addition strengthens Liquid Webs portfolio of business continuity offerings and introduces a self-service, enterprise-grade disaster recovery solution with a predictable monthly cost structure.
As organizations face increasing risks of data loss and operational disruption, demand for robust, scalable disaster recovery options has grown significantly. Acronis Disaster Recovery, now available through Liquid Web, offers automated failover, secure data replication, and [...]
📅 - CloudFest 2025: INTROSERV Strengthens Its Position in the Hosting Industry - INTROSERV proudly participated in CloudFest 2025, the premier cloud computing event held in Europa-Park, Germany. As a provider of dedicated servers, VPS, cloud hosting solutions, and colocation services, INTROSERV utilized this platform to engage in insightful discussions, expand its industry network, and strengthen its reputation as a reliable service provider in the hosting industry.
Invited by our esteemed partners at Worldstream, INTROSERV was honored to take part in this global event, exchanging insights and exploring the latest advancements in cloud technology. We extend our sincere gratitude to Worldstream for their trust and partnership, making this experience [...]
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