Race for Compute

Download Report

Mysistershotfriend.23.10.23.sofie.reyez.xxx.108... -

"It’s not a trick," TV Elias said, picking up a VHS tape. He blew dust off the label. "It’s just the next phase of the algorithm. You’ve scraped the bottom of the barrel, Elias. You’ve watched every rerun, every reboot, every 'Best of' list. The studios can’t make content fast enough for you. So, we had to pivot."

Are you keeping up with the latest shifts in popular media? Subscribe to our newsletter for weekly deep dives into the content shaping your world. MySistersHotFriend.23.10.23.Sofie.Reyez.XXX.108...

Entertainment content is the heartbeat of popular culture, constantly shifting how we consume stories and connect with one another. From the rise of short-form video on TikTok to the streaming wars "It’s not a trick," TV Elias said, picking up a VHS tape

Dominant services like Netflix (original series) and YouTube (user-generated) are converging. YouTube now leads as the top streaming platform in the U.S., with over 60% of Gen Z watching daily. You’ve scraped the bottom of the barrel, Elias

At a Glance

“Super Six” companies now account for about 50% of the Nasdaq Composite’s market cap.

New world of AI models and native apps drives record venture funding levels, with 2025 set to hit $184B.

While the U.S. continues to dominate the model race, our analysis shows that Europe and Israel are competing at the application layer.

The outlook looks positive for the software landscape, with Accel’s Globalscape Public Cloud Index growing 25% year-over-year.

The $4 trillion investment in data centers grabs headlines, but it is less than the $5.5 trillion of operating cash flows that the hyperscalers will generate over the same period – and it would be justified by only a 1-2% increase in the global GDP CAGR 2026-30

To see all analysis, predictions, and winners, download the full report.

MySistersHotFriend.23.10.23.Sofie.Reyez.XXX.108...

We are witnessing a tectonic shift, with AI accelerating innovation across the globe and unprecedented growth in AI native applications and enterprise agentic workflows. This shift will require an estimated $4 trillion investment in computing data centers over the next five years.

Philippe Botteri|Accel

About the Report

Back in 2016, it was clear that traction in Europe's cloud ecosystem had started accelerating. Crystalising this momentum, the Accel team launched Euroscape, an in-depth report on the European and Israeli cloud ecosystem that examined key trends and included a list of the top cloud and SaaS startups to watch across the region.

As AI redefines the way applications and software will be written and drives a new industrial revolution globally, Euroscape has now evolved into Globalscape. Today, recognizing the report's wider scope, we’ve added a new list of 100 U.S. cloud and AI startups to watch. While Europe, Israel and the U.S. are the key regions covered in the report, the Accel team aspires to expand the regions covered in the report in the future.

Report

Euroscape

Accel 2024 Euroscape: AI Eating Software

Report

Euroscape

Accel 2023 Euroscape: Generation AI

Report

Euroscape

Accel 2022 Euroscape: Reset

Report

Euroscape

Accel 2021 Euroscape: On the path to global dominance?

Report

Euroscape

Accel 2020 Euroscape: Decacorn Unleashed

Report

Euroscape

Accel 2019 Euroscape: The Rise of Europe

Report

Euroscape

Accel 2017 Euroscape: The Factory is Cranking

Report

Euroscape

Accel 2016 Euroscape: Europe Awakens