GenAI will spur data centre spend in 2025

As a revolution around generative AI (GenAI) looms,  investment in data centres is expected to rise dramatically this year as cloud providers dedicate significant financial resources to expanding facilities to support cloud services and AI-driven applications, says...

AI agents could aid governments in building public trust

Public trust in government has been lagging for years, but new Salesforce research reveals AI agents could help rebuild it. Constituents around the world agree there’s room for improvement when it comes to government service. Forty percent struggle with government...

SMEs miss out on a $789bn green finance opportunity

There is a massive gap between SMEs’ sustainability ambition and their ability to take action, preventing them from accessing vital green finance needed to drive their initiatives. While 86% of SMEs say that sustainability is important to their business, only 9,1%...

AI, HPC boost shared cloud infrastructure market

Spending on compute and storage infrastructure products for cloud deployments – including dedicated and shared IT environments – increased 115,3% year-over-year in the third quarter of 2024 (3Q24) to $57,3-billion. According to the latest IDC Worldwide...

Gates Foundation budget reaches $8,74bn

At the start of the Gates Foundation’s 25th anniversary year, its governing board approved the largest budget in its history. The foundation will operate with a budget of $8,74-billion in 2025. The budget is in line with the foundation’s commitment to reach overall...

Bitcoin hits $110 000 as Trump prepares to take office

Bitcoin reached a new all-time high on Monday, surpassing $110 000, ahead of Donald Trump’s inauguration as the 47th President of the US. Nigel Green, CEO and founder of deVere Group, predicts that the flagship cryptocurrency will continue its meteoric rise,...