April 17, 2024 United States
Akamai has launched a media-optimized cloud offering for video processing, based on Nvidia RTX 4000 Ada Generation GPUs which have been selected for their ability to process video content more efficiently and effectively. “Media companies need low-latency, reliable compute resources that maintain...
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April 16, 2024 New Mexico
The Venado supercomputer has been launched at Los Alamos National Laboratory. This is a system which consists of 2,560 direct, liquid-cooled Nvidia Grace Hopper Superchips; 920 Nvidia Grace CPU Superchips, each of which contains 144 Arm cores; and is networked with HPE Slingshot 11 interconnect....
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April 15, 2024 United States
Financial services firm JPMorgan Chase revealed its plans get 75 percent of its data and 70 percent of its applications into the cloud within 2024 in a letter from CEO Jamie Dimon to JPMorgan's shareholders. The company which stands as the world’s gifts largest bank by revenue told it’s...
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April 15, 2024 Texas
Samsung Electronics has announced it will invest $40 billion to build a semiconductor cluster across a number of locations in Texas with a $6.4bn in direct funding under the US Chips and Science Act to support the development. The Taylor fabs are expected to be up and running by 2026 and Samsung...
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April 12, 2024 United States
US private equity firm Blackstone has bought a majority stake in data center engineering firm Winthrop Technologies. Financial details of this deal have not been shared. However, reports have it that Blackstone took a 50,5 percent stake, previously valued at over €800 million. The remaining...
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April 12, 2024 United States
Semiconductor manufacturing company Rapidus has formed a US subsidiary, Rapidus Design Solutions (RDS), is opening an office in Santa Clara, California, and appointed Henri Richard as president and general manager of the US organization. The company works with IBM on the development of 2nm chip...
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April 10, 2024 United States
Cloud hosting firm Vultr has launched a new sovereign and private cloud offering as a response to the increased importance of digital sovereignty, and the need to reduce reliance on hyperscalers. This new offering which was made available from April 10 shortly follows the release of Vultr Cloud...
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April 08, 2024 United States
Meta has shared details about the next generation of its Meta Training and Inference Accelerator (MTIA), custom-made chips designed for specific Meta AI workloads. The company said the latest version of its chips shows significant performance improvements over the MTIA v1 and is already being...
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April 06, 2024 Michigan
An unnamed company is reportedly looking at building an ‘AI data center’ on 280 acres on Yore Avenue near Lake Michigan College. Further details are unavailable at this time. Benton Charter Township is a charter township in Berrien County, Michigan, located on the east side of Lake Michigan."It's...
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April 05, 2024 United States
Communications equipment company Casa Systems has agreed to sell multiple assets this week after the company said it has filed for voluntary Chapter 11 bankruptcy in the US Bankruptcy Court for the District of Delaware. “Like many in our sector, Casa has experienced a significant decline in...
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April 05, 2024 Delaware
Inter-city rail service Amtrak has selected a construction company for its Unified Operations Center (UOC) Facility Project, which will include a data center, in Wilmington, Delaware. “One of our primary goals for the Renaissance Centre building is to create a new Amtrak Unified Operations Center...
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April 04, 2024 Indiana
The South Korean chip manufacturer SK Hynix has confirmed earlier reports about building an advanced chip packaging facility in Indiania as it revealed its plans to invest $3.87 billion in the plant which will produce next-generation high bandwidth memory (HBM), the highest-performing Dynamic...
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April 04, 2024 United States
Valterra Partners-owned colocation firm ColoHouse has acquired Hivelocity, a bare metal colocation provider in an acquisition which combines ColoHouse’s infrastructure and hosting services with Hivelocity’s bare metal servers, network automation, and virtual private cloud solutions. Jeremy Pease,...
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April 03, 2024 Delaware
Airspan Networks which specializes in developing 5G hardware and software, said it plans to trade its more than $205 million in funded debt for equity and raise up to $95 million in new equity financing and has filed for Chapter 11 protection at a Delaware bankruptcy court. “This support...
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April 03, 2024 United States
The US Air Force has put out a request for proposals (RFP) for 'phase 2' of its enterprise IT service delivery, a contract which is a potential 10-year deal with a $12.5 billion budget and will work towards the Air Force's goals to centralize its many IT modernization efforts. This contract is...
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April 02, 2024 California
Steelmaker Nucor Corporation this week announced that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and a data center supplier and launched a new business unit that will help better serve its customers in the data center infrastructure industry. Nucor said SWDP and the...
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March 29, 2024 United States
Federal Communications Commission (FCC) this week rejected SpaceX’s bid to use the 1.6GHz and 2GHz radio spectrums due to a technicality. SpaceX's satellite division Starlink, had been seeking approval to use up to 7,500 second-generation satellites with spectrum in the 1.6 GHz, 2 GHz, and 2.4...
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March 28, 2024 Virginia
Virginia's Fauquier County has approved zoning changes for Vint Hill relating to the "planned commercial and industrial district" that will limit data centers. These zoning rules will require any buildings or assemblages of buildings of more than 50,000 sq ft (4,645 sqm) to apply for and receive...
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March 27, 2024 United States
Cloud computing startup Hive has completed a Series A round of funding led by SC Ventures, the venture arm of Standard Chartered with $13 million and plans to use this fund to further its plans for a decentralized cloud, using an aggregation of individual devices' unused storage and computing....
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March 25, 2024 United States
Nautilus Data Technologies has launched a new product line known as EcoCore, based on the cooling technology the firm developed for its own data centers. The modular data center design offers 2.5MW of capacity. Nautilus said EcoCore “enhances prefabrication efficiency and streamlines the...
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