As the demand for high-density datacenter spaces continues to grow across Europe, operators in London face complex challenges. A key component of the UK Labour Party's tech agenda involves making it easier to build datacenters, but the problem goes far beyond building permits.
Datacenter sales powered another big jump in revenue for NVIDIA. The rate of growth may be plateauing, but the artificial intelligence rally rolls on.
Venture funding in tech has fallen abruptly from the highs of 2021 and early 2022, but the impact of this has not been felt uniformly. Companies in the earlier stages of their development are getting a bigger slice of the pie thanks to steadier valuations and the AI gold rush.
Organizations have been striving to become more data-driven for years, but in many cases this is easier said than done as complexity, silos, security and quality have proven difficult to surmount. Demand for tools that can help ease these challenges is increasing, as is the number of providers with complementary capabilities.
Financing for startups has been difficult to come by over the past year, and the number of transactions and money raised continue to fall. Those that have been able to raise have had a hard time avoiding a down round. One perhaps-unexpected bright spot is defense tech.
The rate of digitalization of everything from buildings and transportation to health and agriculture shows no sign of abating, despite the Internet of Things being well past the hype phase. While enterprise IT budgets are staying the same or barely increasing, spending on IoT is going up. M&A is following suit.
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