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Price shock: IBM to increase cloud costs by up to 26% from 2024

CIO

The new price rise will affect infrastructure-as-a-service ( IaaS ) and platform-as-a-service ( PaaS ) offerings, the company said in a GitHub post. International customers will witness a steeper price hike compared to their US peers. IBM is all set to increase its cloud services costs by up to 26% from January 2024.

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Microsoft can’t keep up with demand for AI in the cloud — for now

CIO

billion (up 21%) came from its Intelligent Cloud segment, consisting of Azure and other public, private, and hybrid server products and cloud services. When suppliers can’t meet demand in in other domains, they may raise prices until demand falls off, or customers may seek alternative sources or substitute different products.

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IT spending projected to grow despite economic headwinds

CIO

According to John-David Lovelock, research vice president at Gartner, inflationary pressures are top-of-mind for most IT decision-makers at the moment, which creates a degree of uncertainty—high prices today could become even higher tomorrow. An annual growth rate of 16.6% Managed services on the rise.

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Addressing cloud waste: 4 steps to cloud computing cost optimization

CIO

For example, Arm platforms, like the Graviton3 offered on AWS, are growing in popularity because they are priced attractively, are energy-efficient, and have the flexibility to perform well in the cloud.

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AI advancements are fueling cloud infrastructure spending

InfoWorld

IDC says this shows a strategic move towards high-capacity, GPU-heavy servers with higher average price tags favored by hyperscalers. The idea is that these servers can do more than those driven by traditional CPU-based servers, thus, you need fewer. To read this article in full, please click here

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9 Best Free Node.js Hosting 2023

The Crazy Programmer

is a highly popular JavaScript open-source server environment used by many developers across the world. Right from its commencement in 2009, the server has grown in huge popularity and is used by a lot of businesses. is a most loved and well-known open-source server environment. At present, Node.js features in a free tier.

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Is there a future in light-powered AI chips?

TechCrunch

Microsoft is reportedly facing an internal shortage of the server hardware needed to run its AI, and the scarcity is driving prices up. In a 2019 analysis, OpenAI found that from 1959 to 2012, the amount of power used to train AI models doubled every two years, and that the power usage began rising seven times faster after 2012.

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