March 21, 2024 United States
Ericsson has launched an entity dedicated to delivering 5G services for multiple agencies in the US federal government. This is in its aim to support state and federal government entities to boost services and natural security, plus US defense modernization programs. “Connecting individuals,...
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March 21, 2024 United States
Schneider Electric and Mainspring Energy have partnered on a fuel-flexible microgrid solution using Schneider's EcoStruxure offering and Mainspring's Linear Generator. The Schneider Electric-Mainspring Microgrid Solution enables customers to power their self-contained electrical network and...
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March 21, 2024 United States
Foundry Technologies, a new cloud platform, launched this week with $80 million of funding gottenfrom a round led by Sequoia Capital and Lightspeed Venture Partner. They were joined by other investors including Microsoft's venture capital arm, Google chief scientist Jeff Dean, OpenAI’s Liam...
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March 19, 2024 United States
GPU designer Nvidia announced the computational lithography library this time last year, saying that contract chip manufacturers TSMC and ASML were testing it out, alongside chip design tools company Synopsys. Vivek Singh, Nvidia's VP of advanced technology, said, "A chip is made up of trillions...
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March 13, 2024 United States
Two US politicians have proposed a new spectrum pipeline legislation to restore the US Federal Communications Commission's (FCC) authority to hold spectrum auctions. This comes about a year after the US Senate allowed it to lapse for the first time ever. The proposal by senators Ted Cruz and John...
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March 13, 2024 United States
Arabsat and cloud and managed services company Anexia have signed a memorandum of understanding (MoU) for satellite-connected private cloud infrastructure. This new agreement will bring together satellite communications, private cloud services, and GPU technology services by combining their...
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March 11, 2024 United States
Iridium Communications, in its first ever acquisition has acquired Positioning Navigation and Timing (PNT) provider Satelles. The company revealed that it had entered into an agreement to acquire Satelles, Inc., a provider of satellite-based time and location services akin to GPS and other...
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March 11, 2024 United States
The Federal Communications Commission (FCC) has increased its benchmark for high-speed fixed broadband to download speeds of 100 megabits per second and upload speeds of 20 megabits per second. This fulfils a four-fold increase from the 25/3 Mbps benchmark set by the Commission in 2015 The...
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March 05, 2024 United States
Shenandoah Telecommunications Company (Shentel) announced that it has agreed to sell its tower portfolio which consists of 226 portfolio sites to Vertical Bridge for $310.3 million after entering into a purchase and sale agreement with Vertical Bridge last week. Shentel’s President and CEO,...
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February 26, 2024 United States
US cloud hosting firm Summit has acquired managed services provider Deft. Deft co-founders and principals Jordan Lowe, Daniel Brosk, and Eric Dynowski will join the Summit leadership team and retain a “significant ownership stake” in the business. Other terms of this deal have not been shared....
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February 21, 2024 United States
GlobalFoundries has been awarded $1.5 billion by the US government under the CHIPS and Science Act to subsidize the company’s future semiconductor production capabilities. The company will also be receiving another $600 million from the state of New York over the next decade under its Green Chips...
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February 20, 2024 United States
Icetope has claimed that its precision liquid cooling technology has achieved chip-level cooling up to and beyond 1000W, reaching an important industry milestone for overcoming the challenges of rising thermal design power. In a new report published by the company, it claimed that at a flow rate...
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February 15, 2024 United States
Direct-to-device satellite connectivity provider Skylo Technologies has raised $37 million from existing investors Intel Capital and Innovation Endeavours, and new backers BMW i Ventures, Samsung Catalyst, Next47, and Seraphim Space. This investment will help the company to expand its operations...
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February 07, 2024 United States
Verizon revealed in an announcement this week that it has deployed more than 130,000 Open RAN capable radios. The telco noted that the figure includes the massive MIMO radios as part of the previously announced 15,000 O-RAN compliant virtualized cell sites with O-RAN compliant baseband units in...
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January 18, 2024 United States
Growth equity firm General Atlantic has recently revealed plans to acquire sustainable infrastructure investor Actis. This deal will create an investment platform with about $96 billion in combined assets under management. Company head Torbjorn Caesar, who will continue to run the business, said,...
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January 17, 2024 United States
Cloud provider DigitalOcean which is dedicated to small-to-medium businesses and startups, has added to its GPU-accelerated cloud computing platform with Nvidia chips. With this new upgrade, DigitalOcean's ability to offer cloud-based artificial intelligence, machine learning applications, and...
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January 17, 2024 United States
Seagate Technology recently announced that it will be shipping 30TB hard drives based on its heat-assisted magnetic recording (HAMR) technology. The company expects to conclude full production by the end of March as hyperscale customers already have evaluation units and are planning to adopt it...
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January 16, 2024 United States
Investment fund Stonepeak has invested $200 million into Guam telecoms firm TeleGuam Holdings (GTA). Huntsman Family Investments and its affiliates (HFI) will continue to be the majority owner of GTA and operate the company which will divert the investment into developing additional cable landing...
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January 10, 2024 United States
Alphabet quantum spinout Sandbox AQ has acquired quantum and computational chemistry startup Good Chemistry. Neither of the companies disclosed the terms of this acquisition. However, the Wall Street Journal reported that the deal is worth $75 million and comprises of cash and stock. SandboxAQ...
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January 06, 2024 United States
Analog machine learning chip developer Aspinity has announced Richard Hegberg as its new CEO to replace the company’s co-founder Tom Doyle, who has held the position of CEO for the previous seven years. Doyle will, however, remain as a board member and will become the company’s chief operating...
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