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AI driving a 165% rise in data center power demand by 2030

Network World

Goldman Sachs Research estimates that there will be around 122 GW of data center capacity online by the end of 2030, and the density of power use in data centers is likely to grow as well, from 162 kilowatts per square foot to 176 KW per square foot in 2027, thanks to AI, Schneider stated.

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Saudi Arabia’s deep tech startup ecosystem thrives with focus on AI and IoT, fueling Vision 2030

CIO Business Intelligence

The surge in AI and IoT-focused startups is directly aligned with the objectives of Saudi Vision 2030, a strategic framework designed to diversify the Kingdoms economy and reduce its reliance on oil revenues. Vision 2030 aims to foster a knowledge-based economy and establish Saudi Arabia as a global leader in technology and innovation.

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Spend On Generative AI Will Grow 36% Annually To 2030

Forrester IT

The technology’s wide applicability across industries and occupations will drive massive growth: According to Forrester’s new forecast, generative AI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market.

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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO Business Intelligence

As part of Saudi Arabia’s Vision 2030 plan, this AI project underscores the country’s commitment to economic diversification away from oil, aiming to become a global tech leader within the next decade. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.

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Google bets on nuclear power to drive AI expansion

Network World

In a blog post, Google announced an agreement with Kairos Power to source nuclear energy, aiming to bring the first SMR online by 2030, with more reactors planned by 2035. This could provide Google with an opportunity to co-develop solutions over the next six years, with reactor launches scheduled for 2030.”

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SAP throws a lifeline to large organizations with new ECC offering

CIO Business Intelligence

Standard maintenance for ECC is due to end on December 31, 2027, while the extended maintenance for on-premises SAP ERP systems is set to expire at the end of 2030. Systems that are relevant for the SAP ERP, private edition, transition option, need to be moved to SAP ERP, private edition prior to the end of 2030.

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Data center growth puts unprecedented pressure on power grids

Network World

The report , based on a survey of 100 data center leaders, also shows that 30% of all sites will be using onsite power by 2030. McKinsey has similar predictions for power demand growth, estimating that US data centers will have more than 80 gigawatts of demand in 2030.