Akamai chases billions in revenue as cloud business expands

The company grew its distributed network to 41 locations in 36 cities globally last year and plans to add container services to its platform, CEO Tom Leighton said Thursday.

By Matt Ashare • Feb. 21, 2025

Global tech spend to approach $5 trillion this year: Forrester

The U.S. market is expected to exceed $2 trillion for the first time, with financial services and insurance leading the charge, the analyst firm said.

By Matt Ashare • Feb. 20, 2025

AI hardware spending soared last year, thanks to cloud

Hyperscalers and digital service providers will push global AI infrastructure spending past $200 billion by 2028, according to IDC.

By Matt Ashare • Feb. 19, 2025

AI drives up compute costs as cloud inflation slows

Competition among hyperscalers AWS, Microsoft and Google has given CIOs an opening to lock in lower infrastructure service rates.

By Matt Ashare • Feb. 18, 2025

Generative AI fueled $60B boost in enterprise cloud spend last year

“The technology might be expensive, but it is creating new services that are bringing in tens of billions of dollars for the cloud providers,” Synergy Research Group Chief Analyst John Dinsdale said.

By Matt Ashare • Feb. 10, 2025

Amazon to boost AWS capacity with $100B investment

The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a “once-in-a-lifetime” opportunity.

By Matt Ashare • Feb. 7, 2025

Google plans $75B investment to build out cloud AI capacity

The majority of the spending will target technical infrastructure, including servers and data centers, CFO Anat Ashkenazi said Tuesday.

By Matt Ashare • Feb. 5, 2025

Enterprises lean on container solutions to deploy generative AI

The move to scale use cases revealed limitations in existing IT infrastructure, a Nutanix report found.

By Matt Ashare • Feb. 5, 2025

Data center spend on chips nearly doubled last year: Gartner

Despite the banner year for semiconductors, downstream effects of Trump tariffs on the industry remain unclear.

By Matt Ashare • Feb. 3, 2025

IBM gears up to roll out AI-ready mainframe midyear

“We see more opportunities ahead as our infrastructure solutions play a crucial role in helping clients bring AI workloads closer to their data,” IBM Chairman and CEO Arvind Krishna said Wednesday.

By Matt Ashare • Jan. 31, 2025

Microsoft races to bring more cloud capacity online

Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy Hood said.

By Matt Ashare • Jan. 30, 2025

How JPMorgan Chase’s infrastructure chief keeps the AI engine humming

The bank is sourcing compute resources five to 10 years out, said Darrin Alves, CIO of infrastructure platforms.

By Matt Ashare • Jan. 30, 2025

5 tips to avoid IT modernization failure

Most modernization efforts flounder, fail or miss their ROI targets — often taking twice as long and costing twice as much, Kyndryl's Petra Goude writes.

By Petra Goude • Jan. 27, 2025

CIOs brace for price hikes this year as IT budgets grow

Gartner expects global tech spend to increase nearly 10% globally to more than $5.6 trillion in 2025, due largely to generative AI hardware upgrades.

By Matt Ashare • Jan. 21, 2025

PC shipments saw sluggish growth in 2024 despite AI hype

 IT leaders leveraged cloud for AI and took a wait-and-see approach to investing in souped up AI PCs, according to Gartner.

By Matt Ashare • Jan. 17, 2025

Is private cloud having a moment?

Faced with mounting hyperscaler bills, proliferating data and compute-hungry generative AI, enterprises are weighing alternatives to public cloud.

By Matt Ashare • Updated Jan. 16, 2025

IT teams plan to double down on hybrid cloud

Instead of updating existing infrastructure, enterprises are designing entirely new strategies, Rackspace’s Srini Koushik said.

By Matt Ashare • Jan. 15, 2025

Cloud, enterprise spend on data center gear spiked in 2024

Hyperscaler investments dominated the market, but CIOs and their surrogates contributed to the spending surge, according to Synergy Research Group.

By Matt Ashare • Jan. 10, 2025

Nvidia enters the agentic AI fray with Llama Nemotron LLMs

Accenture plans to launch more than 100 industry-specific solutions using the chipmaker’s AI-powered developer tools, the companies said Monday.

By Matt Ashare • Jan. 7, 2025

Microsoft plans to pour $80B into cloud data centers

The tech giant will funnel more than half of the investments into U.S.-based facilities, Microsoft Vice Chair and President Brad Smith said Friday.

By Matt Ashare • Jan. 6, 2025

Broadcom nears total VMware integration as chip business booms

The tech giant nearly tripled its infrastructure software revenues to $21.5 billion in the year since it acquired the virtualization solution provider.

By Matt Ashare • Dec. 13, 2024

Oracle reaps benefits of infrastructure investments as AI usage spikes

The company saw quarterly cloud revenues near $6 billion, driven in part by a major year-over-year increase in GPU consumption.

By Matt Ashare • Dec. 10, 2024

How CIOs can prepare for Trump’s tariffs plan

The president-elect has proposed tariffs on imported goods, stoking concerns about higher costs for electronics.

By Jen A. Miller • Dec. 10, 2024

Big tech on track to pour more than $180B into data centers this year

Amazon, Google and Microsoft accounted for more than three-quarters of infrastructure capital expenditures in Q3 2024, according to Dell’Oro Group.

By Matt Ashare • Nov. 26, 2024

VMware’s first contentious year under Broadcom drives customers to weigh other options

The chipmaker consolidated the ubiquitous virtualization product suite into one big private cloud platform, leaving customers with a difficult business decision.

By Matt Ashare • Nov. 26, 2024