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Global AI spending is set to surge by 60% in 2025, reaching $360 billion, and is projected to rise another 33% to $480 billion in 2026. The share of spending by major tech firms—Microsoft, Amazon, Alphabet, and Meta—will decline from 58% to 52%, with China expected to contribute significantly, accounting for 35% of non-Big Four spending. Emerging players, including Neocloud providers, are anticipated to capture around 25% of this market, indicating a healthier distribution of investments across the sector.
At the WAVES 2025 summit in Goa, Shraddha Kapoor and Instagram Head Adam Mosseri discussed India's pivotal role in the digital revolution, emphasizing its mobile-first approach and diverse creator ecosystem. Kapoor highlighted the significance of multilingual content and cultural inclusivity, while sharing Maharashtra's culinary heritage by offering Mosseri homemade puran poli, symbolizing the blend of tradition and digital interaction.
Sundeep Gantori from UBS Global Wealth Management advocates for diversified investments in the expanding AI market, emphasizing the importance of including emerging players, particularly from China. He predicts that AI spending outside the Big 4 tech companies will surge to over 40% by 2025, driven by new entrants and increased capital expenditures. Gantori expects global AI spending to reach $360 billion in 2025, with a significant rise in sectors like high-bandwidth memory and industrial infrastructure, indicating a healthier, less volatile market landscape.
Xiaomi has launched MiMo, its first open-source large language model designed for reasoning tasks, boasting 7 billion parameters. It outperforms larger models in math reasoning and code generation, making it suitable for enterprise applications and edge computing. This move aligns with a growing trend towards specialized AI models and open-source adoption in enterprises, addressing concerns over vendor lock-in and cost efficiency.
BNP Paribas has signed a multi-year agreement with IBM Cloud to enhance its data center infrastructure, dedicating a new area for IBM Cloud hardware by 2028. This initiative aims to comply with the European DORA regulation and bolster business continuity, security, and customer data protection. Additionally, BNP will leverage GPU capabilities on IBM Cloud to explore generative AI applications, while also planning to implement Oracle's Exadata Cloud@Customer for improved database management.
Saudi subscription management platform Techrar has raised $1.6 million in funding from Wa’ed Ventures, the venture capital arm of Aramco. The investment will support team expansion, product development, and customer acquisition as Techrar aims to streamline operations for businesses in the growing subscription economy.This funding comes amid a significant rise in Saudi Arabia's venture capital landscape, with the Kingdom capturing 52% of MENA's venture investment in 2023, driven by government initiatives under Vision 2030 to diversify the economy beyond oil.
Barclays analyst Raimo Lenschow views Nvidia's announcement of Oracle deploying thousands of Blackwell GPUs for AI as a positive development. This move is expected to enhance Oracle's revenue momentum in Q4 and indicates its competitive technological progress alongside firms like CoreWeave and Microsoft. Lenschow maintains an Overweight rating with a $202 price target on Oracle shares.
Barclays analyst Raimo Lenschow has maintained an Overweight rating on Oracle (NYSE: ORCL) with a price target of $202. The positive outlook follows NVDA's announcement regarding the large-scale deployment of GB200s by Oracle, highlighting two key reasons for this optimism.
Nvidia's stock fell 2% amid reports that Huawei is challenging its dominance in AI hardware with the new Ascend 910D chip, designed to outperform Nvidia's H100 model. Concerns for Nvidia include export restrictions, Huawei's rising influence, and a shrinking revenue share from China. Despite these challenges, Nvidia's growth story remains strong, bolstered by partnerships and increasing AI demand. Investors should monitor developments regarding export restrictions and Huawei's chip performance.
Dubai-based data center operator Khazna plans to expand into Saudi Arabia, targeting a 25% market share amid new regulations requiring local data storage. With 71% of the UAE's data center capacity, Khazna aims to leverage its regional expertise against established local competitors as the Saudi market is projected to grow significantly by 2030. This expansion aligns with Saudi Arabia's Vision 2030 initiative, emphasizing digital infrastructure as a key component of economic diversification.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
global ai spending to surge 60 percent in 2025 as big tech share declines
14:10 05.05.2025
shraddha kapoor and adam mosseri discuss india's digital leadership at waves 2025
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diversified ai investments essential as new players emerge in global market
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18:55 28.04.2025
Barclays maintains positive outlook on Oracle following NVDA announcement
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