
Global IT spending to grow 13.5% in 2026, reaching $6.31 trillion, driven by AI demand: Gartner
Gartner forecasts global IT spending to grow 13.5% in 2026 to $6.31 trillion, led by AI infrastructure, software, and cloud investments.
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Gartner forecasts global IT spending to grow 13.5% in 2026 to $6.31 trillion, led by AI infrastructure, software, and cloud investments.

VAST Data raises $1 billion in funding at a $30 billion valuation, highlighting growing demand for AI infrastructure and data-driven platforms.

Microsoft integrates Anthropic’s Mythos AI into its security development lifecycle to improve vulnerability detection and strengthen cybersecurity capabilities.

Meta is set to begin layoffs affecting around 10% of its workforce as it doubles down on artificial intelligence and operational efficiency.

Google is reportedly exploring a partnership with Marvell to develop new AI chips focused on inference, strengthening its custom silicon strategy.

Jeff Bezos-backed AI lab Project Prometheus is close to a $10 billion funding round, highlighting growing investor interest in industrial AI.

Amazon deepens its AI strategy with an additional $5 billion investment in Anthropic, reinforcing its cloud and enterprise AI positioning.

Meta expands its partnership with Broadcom to develop custom AI chips and scale infrastructure for next-generation AI workloads.

Celonis partners with Oracle to drive enterprise AI adoption and accelerate IT modernization through integrated data and process intelligence.

SiFive secures $400 million to accelerate development of high-performance RISC-V processors for data centers and AI workloads.

Physics Wallah and Microsoft collaborate to launch AI upskilling programs in India, focusing on digital skills and workforce readiness.

Tata Power is building a unified data and AI platform with Databricks to drive digital transformation and improve energy operations.