AI infrastructure spending to surpass $100B by 2028, says IDC

The global artificial intelligence (AI) infrastructure market is expected to exceed $100 billion by 2028, based on findings from the International Data Corp. (IDC). Spending on hardware for AI, including servers and storage, grew by 37% in the first half of 2024, reaching $31.8 billion. “AI adoption is advancing as hyperscalers, cloud providers, private companies, … Continue reading AI infrastructure spending to surpass $100B by 2028, says IDC