July 23, 2024 Luxembourg
Gcore, an Edge artificial intelligence (AI) and cloud provider, has secured $60m in a Series A funding round led by game developer and publisher Wargaming, with participation from Constructor Capital and Han River Partners. “We are on the cusp of an AI revolution that will transform how companies...
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July 22, 2024 United Kingdom
UK regulator Ofcom has fined BT Group a fee of £17.5 million ($22.6m) after a technical fault that impacted its ability to handle emergency calls between 06:24 and 16:56 on June 25th, 2023. Suzanne Cater, Ofcom’s director of enforcement said: "Being able to contact the emergency services can mean...
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July 20, 2024 Russia / Россия
Nasdaq-listed tech giant, Yandex which was formerly referred to as “Russia’s Google,” have been renamed as Nebius Group and pivoted to focus on AI following the company's agreement to sell its Russian operations to local management and investment firms. The company said: “In addition to expanding...
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July 19, 2024 Norway
Power grid optimization specialist Heimdall Power has raised $25 million in a Series B funding round to scale up production of its “Magic Ball” sensors which it claims can help grid operators access up to 40 percent of additional transmission capacity in existing power lines. These neuron sensors...
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July 18, 2024 Europe
Vertiv recently announced that it will add the ZincFive BC Series UPS Battery Cabinets to its portfolio of uninterruptible power supply (UPS) offerings, as they are compatible with select large and medium Vertiv UPS, including the recently launched Trinergy offering. ZincFive's CEO and...
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July 18, 2024 United Kingdom
Quantum component manufacturer Infleqtion will be making history as the first company to install a neutral atom quantum computer at the National Quantum Computing Centre (NQCC) in Harwell, UK. “Our recent installation is part of Infleqtion’s dedication to leading facility logistics in partnership...
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July 12, 2024 Poland
The EuroHPC JU has signed a procurement contract for EuroQCS-Poland, a 20 qubit trapped ion quantum computer, which will be hosted at the Poznan Supercomputing and Networking Center (PSNC) in Poznan , Poland, and supplied by Alpine Quantum Technologies (AQT).Coordinator of the EuroQCS-Poland...
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July 11, 2024 Sweden
Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The...
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July 10, 2024 Germany / Deutschland
A quantum computing demonstration system, the first full-stack, ion-trap-based quantum computer demonstrator made entirely in Germany by NXP Semiconductors and quantum computing startups eleQtron and ParityQC has finally been commissioned. Jan Leisse, co-founder & CEO at eleQtron, said: “We...
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July 10, 2024 Germany / Deutschland
German quantum computing startup Planqc which makes neural atom-based quantum computers, has secured €50 million ($54m) in equity financing in a Series A investment, led by the European Family Office Catron Holding and the DeepTech & Climate Fonds (DTCF).Alexander Glätzle, CEO and co-founder...
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July 09, 2024 France
Swedish satellite communications firm Ovzon has launched services from its debut geostationary (GEO) broadband satellite. “Ovzon’s proprietary satellite Ovzon 3 has reached its orbital position in the geostationary arc,” the company said recently. “After a few weeks of final in-orbit testing, the...
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July 09, 2024 Portugal
Portuguese data center company Start Campus has appointed Robert Dunn as chief executive officer, effective immediately, after the previous one was arrested in a corruption scandal that saw the country’s prime minister ousted.Dunn said: “I am excited to continue leading Start Campus as CEO at...
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July 06, 2024 South Africa
Private South African hospital group Busamed has migrated to a private cloud environment with Datacentrix, consolidating seven on-premise data centers into a single central environment.“Due to our acquisitions, the organization had not only attained new businesses but had inherited the...
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July 06, 2024 Netherlands
Dutch telcos, KPN, Odido, and VodafoneZiggo all secured 100 MHz of spectrum in the 3.5GHz band during the country's latest auction this week which raised €174.4 million.“Companies and consumers have been waiting for this moment for a long time. Meanwhile, the demand for data is growing rapidly...
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July 06, 2024 Abu Dhabi
The Abu Dhabi National Oil Company (ADNOC) has paired with telco e& to build a private 5G wireless network that spans 11,000 square kilometers which will be the largest private 5G wireless network ever built in the energy industry.“This landmark project with e& is a milestone step in...
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July 05, 2024 Europe
Private equity firm Pacific Avenue Capital Partners, a middle market-focused private equity firm specializing in carve-outs and complex situations, has acquired fire suppression company KiddeFenwal.“With its enviable product portfolio, established brand equity, and strong customer relationships,...
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July 05, 2024 Europe
Coca-Cola Europacific Partners (CCEP) has partnered with Systal Technology Solutions for its network transformation across Europe, supporting more than 6,500 devices in 300 locations across 11 countries for CCEP.“We are thrilled to officially go live with our direct service as CCEP’s trusted...
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July 05, 2024 France
Energy company TotalEnergies has unveiled the latest generation of its Pangea supercomputer, housed at the Jean Féger Scientific and Technical Center at Pau in southwest France. The Pangea 4 system is smaller and more energy efficient than the Pangea II, using 87 percent less electricity than its...
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July 02, 2024 France
French billionaire Xavier Niel has submitted a bid for Latin American telecoms group Millicom that values the carrier at $4.1 billion through his investment vehicle, Atlas Investissement.In a statement, Atlas said that its offer will ensure the company can expand its reach. "The purpose of the...
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July 02, 2024 United Kingdom
Queen Mary University of London in the UK is planning to reuse waste heat from its data center as part of a refurbishment project for the Joseph Priestley Building on the campus. Queen Mary president and principal Colin Bailey said: “By harnessing waste heat and minimizing our carbon footprint,...
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