The technology sector witnessed growth in the second quarter of 2024, driven by strong adoption of AI and machine learning as well as Generative AI (GenAI). The sector is riding on the ongoing digitalization wave. The rapid adoption of cloud computing, 5G, the Internet of Things, wearables, headsets supporting augmented and virtual reality technologies, drones and blockchain is expected to have aided sector participants.AI demand is escalating, and that has increased the need for data center capacity expans ...