Data center operators increased capital expenditures by 46% in Q2 2024, driven by the rising demand for AI-ready, GPU-accelerated servers, reports Dell’Oro Group. This surge will likely push capex growth to 35% by the end of the year. Hyperscalers continue to expand infrastructure, with AI workloads requiring faster, dedicated back-end networks, fueling further investment in networking solutions to support high-performance computing.