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EU moves toward regulating data center energy and water use

CIO

The European Union will take a big step toward regulating energy and water use by data centers in September, when organizations operating data centers in EU nations will be required to file reports detailing water and energy consumption, as well as steps they are taking to reduce it. between 2020 and 2030.

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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

Hardware 216
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Gen AI without the risks

CIO

Gen AI will become a fundamental part of how enterprises manage and deliver IT services and how business users get their work done. For the average enterprise, it’s prohibitively expensive. So, does every enterprise need to build a dedicated AI development team and a supercomputer to train their own AI models? Not at all.

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Oracle adds compute services to its Cloud@Customer offering

CIO

Oracle is adding a new managed offering to its Cloud@Customer platform that will allow enterprises to run applications on proprietary optimized infrastructure in their own data centers to address data residency and security regulations and solve low-latency requirements.

Cloud 246
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IT spending projected to grow despite economic headwinds

CIO

trillion, according to projections released by Gartner Research. The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said.

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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO

Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics. One of those is deriving insight from data. Salesforce expects to add the new generative AI capabilities in spring 2024, it said.

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 351