New Delhi, May 19 (IANS) Worldwide spending on artificial intelligence is projected to jump 47 per cent year-on-year to $2.59 trillion in 2026, driven largely by rising investments in AI infrastructure and AI-optimised servers as enterprises and cloud providers accelerate adoption of generative AI and agentic workflows, a report said on Tuesday. The report from Gartner said AI‑optimized infrastructure including AI‑optimized IaaS, servers, network fabric, processing semiconductors and devices…
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New Delhi, May 7 (IANS) India’s enterprises are seeing a significant technology spending surge, with IT spending expected to grow up to 8 per cent in 2026, with AI and data transformation expected to drive 40–45 per cent of change-related tech expenditure, a report said on Thursday.The report by Bain & Company said India’s IT spending growth is expected to outpace the 4-6 per cent increase projected for global peers.Spending has accelerated over the past 12–18 months and the trend is e…
New Delhi, April 8 (IANS) Global semiconductor revenue is projected to exceed $1.3 trillion in 2026, marking the fastest growth in over two decades, according to a report released on Wednesday.The report by research firm Gartner said the industry is expected to register a 64 per cent growth in 2026 amid strong demand from artificial intelligence (AI) processing, data centre infrastructure and rising memory prices.”Amid high demand for AI processing, data centre networking and power, and memory p…