AI Accelerator Revenues Soar 130 Percent in 3Q 2024, According to Dell’Oro Group

According to a recently published report by Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, revenue for accelerators, consisting of GPUs and custom accelerators, increased by 130 percent in 3Q 2024. The US hyperscalers―Amazon, Google, Meta, and Microsoft―are set to deploy over 5 million AI training-capable accelerators in 2024. “Demand for accelerators has been growing at a breakneck pace a…

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