Mohammed Fahad

Must read

META public cloud services spending to reach $11.6b in 2025

South Africa, UAE and Saudi Arabia remain the three biggest markets while UAE is the fastest-growing public cloud services market with an annual growth rate of 27.8%

Cloud spending to drive IT spending by 3% to $4.5tr this year

CIOs’ investment plans are not expected to be deterred by inflation or currency volatility

India to produce 25% of global iPhone production by 2025

Apple to enhance its production capacity significantly due to combined effects of ‘Make in India’ initiative and PLI scheme

Apple becomes first global brand to cross $1tr mark

Nvidia, this year’s top riser and sixth most valuable brand, soars 178% compared to 2023 rankings and jumps 18 places this year

40% of AI data centres will face power shortages by 2027

Forecasts indicate a staggering 160% growth in electricity usage by these facilities over the next two years
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