Data center infrastructure stands at the crux of the generative AI (GenAI) revolution, as the power-intensive algorithms behind platforms like ChatGPT rely on vast hardware and energy resources. Consequently, investment in data centers is expected to rise in 2025, with cloud providers dedicating significant financial resources to expanding facilities to support cloud services and AI-driven applications. GlobalData’s latest report, “2025 […]

About 75 percent of business leaders consider that companies’ technology decisions will have the same importance on the “responsible use of technology” as on financial and business implications, according to “The State of Responsible Technology” report. The analysis was carried out by  Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design, and engineering to drive digital innovation, and […]

Led by $1.6bn acquisition of Yandex, Europe’s technology industry saw a rise of 26.76% in artificial intelligence deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database. A total of 212 artificial intelligence deals worth $5.05bn were announced for the region during Q1 2021, against the last four-quarter average of 167.25 deals. Of […]

Tremend has grown its business up to 21 million Euro, an increase of 40% compared to the previous year, thus maintaining the upward trend of the last years. For 2021, Tremend aims for a turnover of 30 million Euro, by consolidating its presence in the US, UK and Benelux markets, and by growing its number of clients as a result […]