January 07, 2025 Kyndryl
IBM and GlobalFoundries (GF) have reached a settlement in their long-running legal dispute which saw both companies claim breach of contract and misuse of trade secrets and intellectual property. The two companies said the undisclosed settlement resolves “all litigation matters” and would allow...
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November 20, 2024 Kyndryl
IBM is planning to make AMD Instinct MI300X GPUs available as a service via IBM Cloud. The GPUs will be rolled out on the platform in the first half of 2025, with the aim of improving the performance and power efficiency of generative AI models and high-performance computing applications.“As...
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October 01, 2024 Kyndryl
IBM this week announced the launch of the facility, at IBM's campus in Ehningen near Stuttgart, in a ceremony attended by German Chancellor Olaf Scholz. It is IBM's second quantum data center, featuring three systems - one based on IBM's Heron processor, alongside two other new...
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May 01, 2024 Kyndryl
Japanese research institute Riken is set to deploy an IBM quantum computer at its facilities in Kobe. The quantum system – to be powered by a 133-qubit Heron processor – will be colocated and integrated with the organization’s existing Fugaku supercomputer. “Riken is committed to developing...
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April 29, 2024 Kyndryl
IBM has signed an agreement with both the Quebec government and the Canadian government to strengthen the country’s semiconductor industry. Following this agreement, IBM and the two governments invest C$187 million (US$137m) in the company’s Bromont plant in Quebec to bolster the country’s...
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April 24, 2024 Kyndryl
IBM is set to buy out HashiCorp, a vendor that makes software to help businesses manage digital infrastructure, for $6.4 billion. It will pay $35 per share for HashiCorp. The company’s stock had been trading at a price of $24.88 before the deal was announced. "Enterprise clients are...
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April 06, 2024 Kyndryl
IBM and Rensselaer Polytechnic Institute (RPI) have launched a quantum computer at RPI’s campus in New York. A chapel that the university repurposed in the 1960s, the quantum computer is be positioned next to a stained glass window and serves as a focal point of RPI’s new Curtis Priem Quantum...
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October 03, 2023 Kyndryl
Global IT managed services provider Kyndryl is now considering separating its business in China into a separate entity in response to several geopolitical issues and the changing data laws in China. According to a report from the Financial Times, the IBM spin-out revealed this to some of its...
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September 08, 2023 Meta
The University of Minnesota (UoM) Board of Regents has authorized the $39.7 million land sale to Meta. The 280-acre tract of land in UMore Park has been sold to Jimnist LLC, a subsidiary of Meta, for a data center. The land that comprises UMore Park is located in Rosemount and is bordered by...
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September 05, 2023 Meta
Social network Meta is supporting a new Minneapolis data center project. Late last week, a Minnesota Public Utilities Commission document confirmed Meta's $700 million Minneapolis data center project. Xcel Energy announced an 'enterprise data center' project with a Fortune 100 company...
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July 28, 2023 Meta
In the last quarter, Meta's capital expenditures reached $6.4 billion due to investments in data centers, servers, and network infrastructure. This is a decrease from the $7.1 billion the company spent in the previous quarter, but the Facebook proprietor is now done with a data center...
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June 07, 2023 Kyndryl
IBM will construct a data center in Germany to house quantum processors. This week, the company revealed plans to establish its first quantum data facility in Europe on the IBM campus in Ehningen, near Stuttgart, to facilitate cutting-edge quantum computing for businesses, research institutions,...
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May 25, 2023 Meta
After announcing that it was canceling or pausing data center projects that were in mid-development last year, Meta has finally revealed some details on its AI-optimized data centers. The giant has shared that it is working on a custom chip "family" to bolster the efficiency of its data...
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May 24, 2023 Meta
rPlus Energies has announced that it has signed a 200MW power purchase agreement (PPA) with Idaho Power, which has a special energy services agreement with Meta; output from the project will go into the same grid supporting Meta's new Kuna data center. The Ada County, Idaho solar farm, known...
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May 18, 2023 Meta
Details regarding Meta's water consumption at a planned data center in Toledo have been released, revealing that yearly the facility will guzzle an estimated 660 million gallons of water. The facility was given the green light by Castilla-La Mancha back in March as a PSI, due to the economic...
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April 27, 2023 Meta
In an effort to curb construction waste, Meta has announced a new project that is using mushrooms to help mitigate some of the 660 million tons of waste sent to landfills and incinerators each year. The giant has been working with Mycocycle, a tech company in the zero-waste market, to pilot the...
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April 26, 2023 Meta
Reuters reports that Meta abandoned plans to release its own artificial intelligence processor and instead adopted Nvidia GPUs. Initial use of CPUs for AI training and chips for inference caused the company to fall behind in AI development. The switch to GPUs necessitated the redesign of its data...
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March 28, 2023 Kyndryl
A quantum computer will be installed in San Sebastián, located in the Basque Country of Spain, thanks to a collaboration between IBM and Fundación Ikerbasque. The IBM-Euskadi Quantum Computing Center is anticipated to launch by the end of 2024. It will deliver Qiskit Runtime services from a...
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March 23, 2023 Meta
Meta has announced that it has signed a new PPA for solar energy. The PPA, with Avangrid, will see the giant source 240MW of energy from the True North solar farm which is currently under development in Falls County, Texas, the former's first in the state. The solar farm is set to launch in...
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March 15, 2023 Meta
After letting go of around 11,000 workers in the latter part of last year, Meta aims to let go of about 10,000 individuals. As part of CEO Mark Zuckerberg's 'Year of Efficiency' appeal to investors to improve a falling share price, the corporation will also eliminate 5,000 unfilled...
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