Gartner forecasts 8% growth in IT spend

Worldwide IT spending is projected to total $5,1-trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner. While generative AI (GenAI) has not yet had a material impact on IT spending, investment in AI more broadly is supporting...

Intel launches Intel Core 14th Gen desktop processors

Intel launched the new Intel Core 14th Generation desktop processor family, led by the Intel Core i9-14900K. This latest-generation desktop processor family includes six new unlocked desktop processors at launch, delivering up to 24 cores and 32 threads and up to 6...

GenAI spend to reach $143bn, with 73% CAGR

A new forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16-billion worldwide on GenAI solutions in 2023. This spending, which includes GenAI software as well as related infrastructure hardware and IT/business services, is...

CIOs must prioritise AI ambitions and planning

rtificial intelligence (AI) – especially the leap in generative AI (GenAI) – is part of a larger shift in how humans and machines interact, according to Gartner. This shift provides two key focus areas for CIOs and IT executives as AI becomes an enterprise...

Big Tech faces multiple hurdles in the pursuit of Gen AI dominance

In a rapidly advancing technology landscape, generative AI (GenAI) stands out as the latest innovation frontier – and leading the charge in this domain are Big Tech (Alphabet (Google), Amazon, Apple, Meta, and Microsoft). However, with progress comes challenges,...

Claims of cyberattack on Israeli power plant debunked

On 8 October, the hacktivist group known as Cyber Av3ngers claimed responsibility for a cyberattack on the Dorad power plant in Israel, showcasing PDF files and documents on their Telegram channel as proof. However, the Israeli authorities have not confirmed the...