Search results for IDC
Telecommunications & Media
China\'s Even Realities valued at $1 billion after $150 million pre-Series B round
China\'s smart glasses company Even Realities Technology raised $150 million in a pre-Series B funding round joined by Tencent and Meituan, valuing it at $1 billion. The Shenzhen-based startup plans to use the funds to develop a next-generation smart glasses platform, strengthen AI integration, expand global operations and accelerate product innovation. Founder and CEO Will Wang previously worked at Apple from 2016 to 2018.
AI & Enterprise
Tether CEO warns AI infrastructure investment is overheating despite unclear returns
Paolo Ardoino (파올로 아르도이노), chief executive of Tether, warned that big tech’s race to invest in AI infrastructure is building structural mismatches. He said AI data centre expansion relies on subsidised computing and hardware that loses value sharply within 3 to 5 years, making the current investment approach potentially unsustainable. Banks see soaring capital spending through 2030, while returns remain uncertain and companies begin tightening controls on AI-related costs.
Telecommunications & Media
Apple shares rebound 5 percent on hopes for foldable iPhone Ultra output boost
Apple shares rebounded 5 percent after falling following a price hike announcement, as investors focused more on the potential expansion of a foldable iPhone. NineToFiveMac reported that Apple asked suppliers to increase production of the foldable iPhone Ultra, lifting its target from 7 to 8 million units to about 10 million. IDC expects the model’s average selling price at about $2,500.
-
AI & Enterprise
Salesforce tops IDC global CRM market share for 13th straight year
-
AI & Enterprise
Database firms push data tech to cut token waste by AI agents
-
AI & Enterprise
Japan to invest 100 trillion won in physical AI through 2040, make humanoid robots national strategy
-
AI & Enterprise
Non-x86 server revenue surges 107 percent in a year, x86 share falls to around half
-
AI & Enterprise
Will AI really make people buy new PCs? Nvidia Inside put to the test
-
AI & Enterprise
MacBook Neo sells 1.1 million units early, outpaces M5 MacBook Air
-
AI & Enterprise
Workstation market expands; IT policy support can solve AI trilemma
-
AI & Enterprise
Hitachi Storage tops Korea\'s 2025 high-end storage market by revenue
-
AI & Enterprise
OpenAI urges creation of global AI governance body
-
AI & Enterprise
AI data centres prioritise memory, smartphone and PC costs could rise 15 percent
-
AI & Enterprise
Multi-hybrid cloud model spreading in AI era, Dell Technologies report says
-
Industry
Qualcomm to ship data centre chips this year; shares jump 16 percent after hours
-
AI & Enterprise
Five trends to watch in the future of AI data centers
-
AI & Enterprise
Enterprise AI shifts as AI PCs and workstations take bigger role
-
AI & Enterprise
Samsung SDS ranks No. 2 in South Korea public cloud market, overtakes Microsoft -IDC