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AI & Deeptech

AI & Deeptech

AI cloud computing companies face ‘guppy-level death’, Elon Musk warns, as funding dries up – business live

The Guardian – AI logo

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AI cloud computing companies face ‘guppy-level death’, Elon Musk warns, as funding dries up – business live

This morning, Computacenter raised its financial outlook for this financial year, after “a very strong first half performance”.

Sourcing revenue continued to grow strongly, primarily driven by hyperscale and neocloud customers in North America and the UK.

Group Services revenue was also ahead of last year, as strong organic growth in Professional Services, also driven by North America, more than offset a decline in Managed Services revenue.

I think we’re going to see a lot of stranded compute in partially complete datacenters



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