Data Center News

NEOM And Datavolt To Develop $5b AI Data Center In Oxagon

  • February 12, 2025
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NEOM, the sustainable region taking shape in northwest Saudi Arabia, and DataVolt, a Saudi-based international developer, investor and operator of data centers, signed an agreement, marking a significant step toward realizing the Kingdom’s vision for a sustainable, data-driven economy. The development will take a phased approach, with phase one – funded by an initial investment […]

Data Center News Products

Cisco Redefines Data Center Architecture With New N9300 Series Smart Switches

  • February 12, 2025
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Cisco has announced a family of data center Smart Switches, disrupting traditional data center network design by enabling networking and security services in a compact all-in-one solution. Utilizing programmable AMD Pensando data processing units (DPUs), the switch functions as a high-capacity, multifunctional service-hosting device, architecturally transforming data centers to simplify their design and make them more […]

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NXP Semiconductors To Acquire Edge AI Chipmaker Kinara

  • February 12, 2025
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NXP Semiconductors has entered into a definitive agreement to acquire Kinara, a company providing high performance, energy-efficient and programmable discrete neural processing units (NPUs). These devices enable a wide range of edge AI applications, including multi-modal generative AI models. The acquisition will be an all-cash transaction valued at $307 million and is expected to close […]

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Salesforce To Invest $500M In Saudi Arabia

  • February 11, 2025
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Salesforce has announced plans to invest $500 million in the Kingdom of Saudi Arabia, building on its commitment to innovation and economic growth in the region. The investment also aims to spur workforce development through AI skilling and expand Salesforce’s local partner ecosystem to support local businesses. The announcement, made at LEAP 2025, follows the company’s […]

Data Center News

Johnson Controls Named Leading Thermal Management Provider For Data Centers

  • February 11, 2025
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Johnson Controls has been named a top thermal management provider for data centers by ABI Research. The recognition highlights Johnson Controls’ excellence in innovation and implementation, driven by its comprehensive product portfolio, global presence, and customer-centric approach to the data center thermal management industry. “Johnson Controls has consistently exceeded market expectations for thermal management across […]

Cloud News

Cloud Market Reached $330 billion in 2024

  • February 11, 2025
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Q4 enterprise spending on cloud infrastructure services was $91 billion worldwide, up $17 billion or 22% from the fourth quarter of 2023, according to new data from Synergy Research Group. The full-year 2024 market reach $330 billion, up $60 billion from 2023 and an increase of $102 billion from 2022. It is notable that ChatGPT […]

Appointment News

Nokia Announces Justin Hotard As New CEO

  • February 10, 2025
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Nokia has announced a leadership transition. Nokia’s President and Chief Executive Officer, Pekka Lundmark, has informed the Board that he will step down. The Board has appointed Justin Hotard as the next President and Chief Executive Officer of Nokia. He will start in his new role on 1 April 2025. Hotard joins Nokia with more […]

Data Center News

AI To Drive 165% Increase In Data Center Power Demand By 2030

  • February 10, 2025
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The explosion in interest in generative artificial intelligence has resulted in an arms race to develop the technology, which will require many high-density data centers as well as much more electricity to power them. Goldman Sachs Research forecasts global power demand from data centers will increase 50% by 2027 and by as much as 165% by the end […]