November 15, 2024 United States
Atlantic Quantum has received a contract from the US Air Force to develop a quantum computer based on fluxonium qubits. The company has been given a $1.8 million Phase II STTR grant from AFWERX, the innovation arm of the US Department of the Air Force (DAF). The quantum startup will use the...
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November 07, 2024 United States
Rackspace Technology has launched a GPU as a Service (GPUaaS) offering based on Nvidia processors. The company expanded its Rackspace Spot platform, adding both a new geographical location and access to on-demand Nvidia GPUs. The GPUaaS is based on Nvidia H100s, which are housed in RackSpace's...
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November 04, 2024 United States
Wesco International this week announced it has entered a definitive agreement to acquire Ascent LLC., a provider of data center facility management services, for a cash-free, debt-free purchase price of $185 million. The acquisition is anticipated to close in the fourth quarter following...
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November 01, 2024 United States
Connectivity marketplace platform Connectbase has acquired Network Capacity Solutions (NCS). Connectbase said the acquisition marks a pivotal step in its mission to digitally transform the connectivity and digital infrastructure marketplace.“By bringing Network Capacity Solutions into...
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October 31, 2024 United States
Former President Donald Trump criticized the CHIPS and Science Act during a three-hour interview with podcaster Joe Rogan, saying that the government should have levied tariffs on the semiconductor industry."That chip deal is so bad, we put up billions of dollars for rich companies to come and...
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October 24, 2024 United States
Chip firm Hemlock Semiconductor (HSC) has secured up to $325 million in proposed direct funding from the Department of Commerce under the CHIPS and Science Act. The funding is intended to shore up the production of semiconductor-grade polysilicon, a a highly pure form of silicon that is used in...
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October 10, 2024 United States
AI GPU cloud platform TensorWave has closed a $43 million SAFE (simple agreements for future equity) funding round. This included participation from Maverick Capital, Translink Capital, Javelin Venture Partners, Granite Partners, and AMD Ventures. The participating investors have the right to...
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September 20, 2024 United States
Alibaba Cloud has claimed its modular data center architecture can reduce build times by as much as 50 percent as it shared details of its Cube DC 5.0 modular data center architecture at its annual Apsara conference. The provider describes Cube DC 5.0 as a prefabricated modular design that uses a...
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September 20, 2024 United States
Private equity firm Snowhawk LP has invested in data center developer CleanArc Data Centers as the company expands its team and develops its first data center campus in Virginia. Led by Vantage Data Centers founder Jim Trout, the company aims to develop hyperscale data center campuses delivering...
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September 19, 2024 United States
The Department of Commerce has awarded almost $5 million to 17 small businesses under the Small Business Innovation Research (SBIR) program to support microelectronics research projects that have the potential to be commercialized.The 17 companies include California-based HighRI Optics, which is...
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September 17, 2024 United States
Lenovo has launched a GPU-as-a-Service (GPUaaS) offering designed to help customers bring artificial intelligence (AI) workloads on-premises, Lenovo has added GPUaaS to its subscription-based infrastructure model, TruScale. The company also added automation, predictive analytics, and generative...
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September 12, 2024 United States
SiMa.ai has launched MLSoC Modalix, a multi-modal, software-centric Edge AI chip for its embedded Edge machine learning system-on-chip (MLSoC) offering. MLSoC Modalix is the second generation of SiMa’s MLSoC and it supports CNNs, transformers, LLMs, LMMs, and generative AI at the Edge, reportedly...
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September 10, 2024 United States
The US Department of Energy’s (DOE) Office of Science has announced a new $23 million research and development program led by Oak Ridge National Laboratory (ORNL). The initiative will see a team led by ORNL source R&D proposals across the areas of hardware, software, and critical technologies...
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August 31, 2024 United States
The US Department of Energy's advisory board has proposed ways to combat the growing challenge of AI data center power use and its impact on the grid. The board suggested building an AI data center for national labs, academia, and industry "to collaborate in development and assessment of...
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August 30, 2024 United States
Nvidia posted revenues of $30 billion in its latest earnings report, with its data center division continued to show significant growth, bringing in $26.3bn - an increase of 154 percent from the same period last year. Jensen Huang, founder and CEO of Nvidia said; “Hopper demand remains strong,...
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August 28, 2024 United States
Meta this week announced a deal with startup Sage Geosystems to use the latter’s new proprietary Geopressured Geothermal System (GGS) to provide carbon-free power for its data centers. Meta did not specify where the geothermal projects would be located or which data centers would be powered via...
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August 27, 2024 United States
Private equity firm and investor Warburg Pincus has acquired data center service company Service Express which provides third-party post-warranty data center maintenance services and managed services from Harvest Partners LP on August 15. Steve Fessler, partner at Harvest, said: "When we...
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August 25, 2024 United States
Nokia has partnered with Axiom Space to equip the company's next-generation spacesuits with advanced 4G/LTE communications to be used by astronauts on Axiom's Artemis III lunar mission. This partnership will see the two companies incorporate high-speed cellular-network capabilities in the Axiom...
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August 23, 2024 United States
A portfolio of eight switch and data center sites in the US are up for sale. The sites are located in eight cities across seven states, totaling 379,000 square feet (35,210 sqm) spread across 26 acres. The facilities are located in Lexington, Kentucky; Texarkana and Sugar Land, Texas; Colorado...
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August 20, 2024 United States
Swiss company Apheros this week raised $1.85 million in a funding round led by venture capital firm Founderful to help commercialize its metal foam product. The foam is meant to cover the chip, which helps dissipate the heat generated during use through its large surface area. The company noted...
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