A recent report by the International Data Corporation (IDC) has revealed that spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 36.9 percent year-over-year (YoY) in the first quarter of 2024 (1Q24) to US$33.0 Billion. This was largely on the back of the Artificial Intelligence (AI) boom. […]
The post AI driving big spending on Cloud Infrastructure: IDC Report appeared first on W.Media.