Remove 2027 Remove Applications Remove Hardware
article thumbnail

Foxconn predicts the AI server market will explode to $150 billion by 2027

TechSpot

Hardware sales for data centers specifically tailored for AI applications will increase to $150 billion by 2027, Yangwei said, while it will. During his latest earnings call with analysts, Foxconn president Liu Yangwei highlighted the accelerated pace at which the AI server market will grow in the next few years.

article thumbnail

DARPA program aims to sift through quantum computing hype

Network World

The government’s central research and development arm, Defense Advanced Research Projects Agency (DARPA), is setting up an industry initiative to benchmark quantum computing applications and algorithms in an effort to dispel some of the hype around the technology. billion in 2027 and grow to more than $8 billion by 2031.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Oak Ridge seeks next-level supercomputer to blow away Frontier

Network World

This month ORNL issued a massive request for proposal for OLCF-6 , a new machine, now dubbed Discovery, to be delivered by late 2027 or early 2028. Like a cell phone or laptop, the hardware wears out or becomes obsolete.” The Technical Requirements document alone is 69 pages. At that pace, Frontier can’t last forever.

Energy 173
article thumbnail

The impact of AI on edge computing

CIO Business Intelligence

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 billion in 2027 with a compound annual growth rate (CAGR) of 86.1% over the 2023-2027 forecast period 1. billion in 2027.

Storage 101
article thumbnail

Microsoft joins SAP, Oracle in setting sunset date for legacy ERP support

CIO Business Intelligence

However, SAP will only provide mainstream maintenance for legacy SAP Business Suite 7 core applications until the end of 2027. At the same time, Oracle is encouraging customers to consider migrating to Oracle Fusion Cloud Applications.

SAP 130
article thumbnail

Getting infrastructure right for generative AI

CIO Business Intelligence

of the overall AI server market in 2022 to 36% in 2027. billion in 2022 to $57 billion in 2027. billion in 2022 to $57 billion in 2027. The resulting application, which was recently patented, generates highly accurate interpretations of the pictures, feeding them to a human-in-the-loop (HITL) for final judgement.

Storage 139
article thumbnail

Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

Generative AI shifts the cloud calculus Somerset Capital Group is one organization that has opted to go private to run its ERP applications and pave the way for generative AI. Agile enterprises, by definition, make frequent changes to their applications, so they sometimes see big fluctuations in the cost of having their data on public clouds.

Cloud 143