Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy Hood said.| CIO Dive
The company aims to double its capacity this year as demand for AI compute “continues to dramatically outstrip supply,” Oracle CEO Safra Catz said Monday.| CIO Dive
“We are working hard across all of the teams — hardware, software, even the build teams — to get things in place as quickly as possible,” CFO Amy Hood said Wednesday.| CIO Dive
Digital services revenues grew 13% in 2024, as cloud, SaaS and AI platform consumption fueled data center investments, according to Synergy Research Group.| CIO Dive
Hyperscaler investments dominated the market, but CIOs and their surrogates contributed to the spending surge, according to Synergy Research Group.| CIO Dive