Search results for “data center”

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Data Center Services to Reach USD 321 Billion

Data Center Services to Reach USD 321 Billion

Key Takeaways: Demand for data center services is accelerating as artificial intelligence, cloud adoption and enterprise digitalization place heavier operational requirements on computing infrastructure. MarketsandMarkets projects that the global services for data center market will rise from USD 115.94 billion in

Dell Technologies Sets $74 Billion AI Server Target After Order Rush

Dell Technologies Sets $74 Billion AI Server Target After Order Rush

Key Takeaways: Dell Technologies raised its annual revenue and profit forecasts for the second time this year as demand for AI-optimized servers continued to accelerate. The Round Rock, Texas-based company’s shares gained around 8% in extended trading following the results, adding to a rally that has seen the stoc

Nvidia Commits $3.5 Billion to Expand MediaTek AI Chip Alliance

Nvidia Commits $3.5 Billion to Expand MediaTek AI Chip Alliance

Key Takeaways: MediaTek shares hit Taiwan’s daily 10 per cent trading limit within minutes on Tuesday after Nvidia committed $3.5 billion, roughly KES 452 billion, to the Taiwanese chipmaker’s convertible bonds. Nvidia’s participation anchors a $3.9 billion offshore convertible offering, valued at about KES 503 bi

Kevin Warsh Poses Nine AI Questions for Federal Reserve Review

Kevin Warsh Poses Nine AI Questions for Federal Reserve Review

Key Takeaways: Federal Reserve Chairman Kevin Warsh has put artificial intelligence more firmly on the central bank’s policy agenda, raising nine questions about how the technology could affect productivity, labor and capital formation. In remarks at Jackson Hole, Warsh described AI as a “general purpose technolog