Massive hyperscaler GenAI spend raises questions on costs
The latest Gartner worldwide IT spending forecast shows that the analyst firm expects a 7.5% increase in spending compared to 2023. Total spending on IT is set to reach $5.26tn in 2024, driven by an increase in datacentre investments powered by demand for generative AI (GenAI). Gartner has forecast that spending on datacentre systems is…
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