February 09, 2024 Singapore
Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to...
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February 08, 2024 Texas
Iris Energy and AI startup Poolside have gotten into an agreement to give the latter cloud access to Nvidia GPUs. According to Iris Energy, the initial contract is three months, with a potential three month extension. Daniel Roberts, co-Founder and co-CEO of Iris Energy, said: “We are pleased to...
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January 06, 2024 Amazon AWS
In a recent development, Virginia's King George County Board of Supervisors voted to renegotiate the performance agreement with Amazon. This agreement is for the facility's first phase at the old Birchwood power plant on State Route 3 near Sealston. Following the existing agreement, Amazon would...
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December 27, 2023 California
Intel has announced its plans to lay off 311 employees across two Californian campuses. This marks the second round of job cuts carried out by the company in California this year. Two separate "worker adjustment and retraining notifications" (WARNs) filed with the State of California’s Employment...
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December 23, 2023 Amazon AWS
Amazon founder Jeff Bezos has provided a few more details about Blue Origin's plans to put compute in space, which was first announced in October. Bezos explained on the Lex Fridman podcast that the 'Blue Ring' project, aims to provide multiple services to space customers. He said, "Blue Ring is...
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December 22, 2023 Singapore
Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Agency...
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December 16, 2023 Washington
Washington-based Edge computing firm Armada has announced that it recently raised $55 million for its Edge computing modules and management platform. The funds was raised from investors including Founders Fund, Lux Capital, Shield Capital, and 8090 Industries, with participation from Felicis,...
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December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
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December 03, 2023 Jakarta
Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 of...
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November 30, 2023 California
Broadcom recently disclosed 1,267 layoffs for VMware employees at the Palo Alto, California, headquarters only a day after the layoff plans were announced. This also comes one week after Broadcom completed its acquisition of VMware. A letter from Jill Turner, Broadcom's vice president of human...
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November 29, 2023 Amazon AWS
Amazon Web Services has revealed that it is in partnership with GPU-maker Nvidia to launch the Project Ceiba supercomputer. This supercomputer is expected to be the world’s largest cloud AI supercomputer, featuring 16,384 GH200 NVL32 Grace Hopper Superchips. The system will also feature the AWS...
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November 20, 2023 San Francisco Bay Area
OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company...
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November 19, 2023 San Francisco Bay Area
OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technology...
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November 17, 2023 Texas
Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the most...
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November 11, 2023 Washington
Australian infrastructure investment firm Palisade Infrastructure this week completed the acquisition of 100 percent of the equity interests in Mashell, Ranier's parent company. Following this acquisition, Rainier Connect has been rebranded as Lightcurve with immediate effect. Mike Reynolds,...
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November 09, 2023 South Korea
South Korean technology firm Naver held an opening event for the first phase of its Sejong campus, its second major campus in Korea. This campus, currently spanning 290,000 square meters, is expected to reach 270MW of capacity at densities of 20kW and can reportedly hold 600,000 servers, running...
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October 26, 2023 Amazon AWS
Amazon Web Services has revealed its plans to launch new cloud regions in Europe. The company notes that the first region will be in Germany, suggesting that the company plans to launch more than one. “The AWS European Sovereign Cloud will allow government agencies, regulated industries, and the...
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October 25, 2023 Amazon AWS
Amazon, which is already the largest corporate purchaser of renewable energy in Europe, recently invested in more wind and solar farms in the continent. The new projects Amazon announced this week includes 15 rooftop solar installations on Amazon facilities in Belgium, France, Italy, Spain, and...
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October 24, 2023 England
Atos has signed an agreement with non-profit sports organization Special Olympics Games for the provision of IT services until 2027. Atos is now in charge of handing and maintaining the organization’s Games Management System, its software, IT security services and innovations; infrastructure...
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October 18, 2023 Sweden
Swedish telco Telia Company has named Patrik Hofbauer as its new president and CEO, bringing the company's search for a CEO since July to an end. The board of directors agreed with the decision to appoint Hofbauer, and he will be leaving his role as CEO of the gambling firm Svenska Spel to begin...
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