AI drives data center boom as CIOs hit pause on net-new IT spend
Worldwide IT spend will reach $5.43 trillion this year, an increase of 7.9% over 2024, and it comes at a time when CIOs appear to be pausing their net-new spending as a result of political uncertainty, according to Gartner’s latest forecast, released Tuesday. Despite this, ongoing AI and generative AI (genAI) digitization initiatives are not…

