August 17, 2024 United States
Meta has signed a Power Purchase Agreement (PPA) to procure the output of two solar farms in the US, currently in development in Louisiana and Illinois. Construction is underway at RWE’s 274MWac County Run Solar in Illinois and 100MWac Lafitte Solar in Louisiana, both are due to go live in late...
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August 14, 2024 United States
Foundry has launched its GPU-based Foundry Cloud Platform for artificial intelligence (AI) workloads which it claims can reduce operational complexity and compute cost by up to six times. The company seeks to overcome the GPU shortage by turning to existing GPUs that it claims are "vastly...
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August 11, 2024 United States
A report from real estate consulting firm JLL has predicted that the global Edge data center market will hit a valuation of $317 billion by 2026. The report notes that a surge in data-dependent technologies, including AI and the Internet of Things (IoT), will drive the market growth, which can be...
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August 07, 2024 United States
Regional carrier US carrier US Cellular has picked Ericsson to support its 5G network infrastructure upgrade in rural areas, leveraging Ericsson's Router 6000 portfolio, including model 6671, to bolster its 5G transport infrastructure. Narothum Saxena, vice president of technology, strategy, and...
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August 03, 2024 United States
The US Department of Justice (DOJ) has launched two separate antitrust probes into GPU and AI giant Nvidia to evaluate whether the company has abused its market dominance and forced companies to buy additional products to receive GPUs, while penalizing those that buy rival chips. This comes as...
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July 28, 2024 United States
GPU cloud company Lambda Labs has launched Nvidia HGX H100 and Quantum-2 InfiniBand Clusters for AI model training. The Silicon Valley-based company targets its Click clusters at AI developers that need access to high-end AI hardware, but not for long periods. “Lambda has solved a complex compute...
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July 24, 2024 United States
AI startup Code Metal which provides AI-powered development workflows at the Edge has secured a total of $16.5m in funding in its pre-seed round led by J2 Ventures and with support from Fulcrum Venture Group, Underdog Labs amongst others, and seed funding rounds led by Shield Capital.Peter...
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July 23, 2024 United States
Data center startup Ultrascale Digital Infrastructure (UDI) has revealed that it will be partnering with US food company Cargi for its plant-based immersion cooling fluid known as NatureCool 2000. Arnold Magcale, founder and CEO of UDI said: “At Ultrascale, we’ve proven that liquid immersion...
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July 22, 2024 United States
GPU-based artificial intelligence (AI) cloud provider Nscale has acquired Kontena, a high-density modular data center and AI data center solutions provider to contribute to the infrastructure backbone for its GPU cloud. Following this acquisition, Nscale will be able to deploy Kontena's modular...
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July 20, 2024 United States
Cloud computing provider PeaSoup will be collaborating with Midas Immersion Cooling, colocation provider Centersquare, and coolant supplier Castrol for high-performance computing in cloud with reduced energy usage. Martin Bradburn, CEO of PeaSoup: "PeaSoup has always been at the forefront of...
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July 19, 2024 United States
Cloverleaf Infrastructure, which is developing clean-powered, ready-to-build data center sites in the US has secured $300 million in funding for its clean energy data center campuses from private equity investors NGP and Sandbrook Capital, alongside contributions from its management team. David...
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July 18, 2024 United States
Neutral-atom quantum computing, QuEra has announced Andy Ory as its interim CEO, noting that its current CEO, Alex Keesling, will transition from his current position to “take on a new role” leading QuEra's efforts to achieve higher-volume production as CTO. Ory said: "We are grateful for Alex's...
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July 18, 2024 United States
US Department of Commerce and Natcast, operator of the National Semiconductor Technology Center (NSTC), has awarded funding for three R&D facilities under the CHIPS and Science Act; an NSTC prototyping and National Advanced Packaging Manufacturing Program (NAPMP) advanced packaging piloting...
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July 12, 2024 United States
Artificial intelligence (AI) cloud provider Nebul has selected Lightbits Labs for the storage foundation for its AI cloud, enabling companies within the EU to deploy Nvidia-based private AI in the cloud."We considered the usual storage providers, but even the software-defined ones tend to have a...
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July 09, 2024 United States
A research newsletter from Goldman Sachs has warned that large tech companies have ramped up capital expenditure to fuel generative AI development which will ramp up to around $1 trillion will be spent over the next few years, but have yet to show sustainable business models."So, the crucial...
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July 06, 2024 United States
Chipmaker GlobalFoundries (GF) has acquired a gallium nitride (GaN) IP portfolio from Tagore Technology, a fabless chip company that develops gallium nitride-on-silicon (GaN-on-Si) semiconductor technology for radio frequency and power management applications.“We are committed to being the...
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July 05, 2024 United States
The US Department of Commerce has signed a non-binding preliminary memorandum of terms with Rogue Valley Microdevices (RVM) to provide up to $6.7 million in proposed direct funding under the CHIPS and Science Act.“The proposed investment in RVM is another example of how the Biden-Harris...
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July 03, 2024 United States
The US Department of Commerce's Economic Development Administration (EDA) has announced $504 million in funding to scale up 12 sites that were designated as Tech Hubs by the Biden Administration. This fund will be used to expand research into artificial intelligence, semiconductor manufacturing,...
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July 02, 2024 United States
Nvidia’s former VP of investor relations and strategic finance, Simona Jankowski, has been appointed CFO of photonic computing company Lightmatter after leaving Nvidia after almost seven years with the company. Before her time at Nividia, she was a managing director at Goldman Sachs for over a...
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June 29, 2024 United States
Real estate and investment firm CBRE has revealed plans to merge its project management business with its majority-owned subsidiary, Turner and Townsend (T&T). Following this merger, CBRE will own 70 percent of the combined T&T/CBRE project management business, with the T&T partners...
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