John-David Lovelock

Tech sector spending on AI infrastructure has reached approximately $1 trillion and is set to grow by 34.7% in 2026, driving global IT sales to a projected $6.37 trillion, according to Gartner Disting…

Global IT spending will hit $6.37 trillion in 2026, up 14.2% year-on-year, driven by data centre (62.5%) and IaaS spending (29.3%), according to Gartner. However, Oracle's stock has cratered from $300…

IBM warned that the artificial intelligence boom is compressing traditional software budgets, sending its shares down more than 7% in after-hours trading. Chief Financial Officer James Kavanaugh told …