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Foxconn predicts the AI server market will explode to $150 billion by 2027

TechSpot

Hardware sales for data centers specifically tailored for AI applications will increase to $150 billion by 2027, Yangwei said, while it will. During his latest earnings call with analysts, Foxconn president Liu Yangwei highlighted the accelerated pace at which the AI server market will grow in the next few years.

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Three predictions for AI and automation business adoption

CIO Business Intelligence

In 2023, enterprises worldwide spent $166 billion on AI solutions (AI software, hardware, and services), but that spending is expected to grow 27% per year to $423 billion by 2027, according to IDC’s report. Hardware spending will drive up the cost of AI adoption,” said Fleming. “So

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Oracle Corporation: Addressing enterprise IT infrastructure

CTOvision

Here is how they describe themselves: Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company's businesses include cloud and on-premise software, hardware and services. newsmaker.com.au).

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Zeno demonstrates an innovative type of radioisotope heat source for off-grid power

GeekWire

Zeno’s design could generate more power with less bulk, opening the way for a wider range of applications. In only five years, Zeno Power went from its founding to fabrication of nuclear hardware, which is notably fast for the nuclear industry,” Boles said in a news release.

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Prioritizing AI? Don’t shortchange IT fundamentals

CIO Business Intelligence

Fundamentals like security, cost control, identity management, container sprawl, data management, and hardware refreshes remain key strategic areas for CIOs to deal with. When you think about all the blocking and tackling a CIO needs to do for regular applications, that especially applies to AI.”

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Gates-backed Neurophos raises $7M to create metamaterials-based chips for AI

GeekWire

(Neurophos Photo) A semi-stealthy startup called Neurophos says it’s raised $7 million in seed funding to support the development of a chip that makes use of metamaterials for heavy-duty AI applications. “We’re hoping to hit market by 2027,” he said.

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Stealthy startup Neurophos raises $7M to create metamaterials-based chips for AI

GeekWire

(Neurophos Photo) A semi-stealthy startup called Neurophos says it’s raised $7 million in seed funding to support the development of a chip that makes use of metamaterials for heavy-duty AI applications. “We’re hoping to hit market by 2027,” he said.

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