News

GPU cloud provider CoreWeave announced that it has secured $1.1 billion in new Series C funding round this week led by Coatue, with participation from Magnetar who led the last primary round, as well as Altimeter Capital, Fidelity Management & Research Company, and Lykos Global Management....

Chipmaker TSMC is partnering with Ansys, Synopsys, and Cadence to develop its silicon photonics integration system capabilities.  Engineering firms, Ansys and TSMC are collaborating on the chipmaker’s Compact Universal Photonic Engine (COUPE) silicon photonics integration system while chip des...

UK telecoms firm BT  has installed its first electric vehicle (EV) charge point repurposed from one of its old street cabinets which was traditionally used to store broadband and phone cabling. This repurposed charger forms part of a nationwide pilot by the business’ start-up incubation hub, c...

The US Defense Information Systems Agency (DISA) has unveiled its updated strategy for the next five years which will align the IT service provider of the Department of Defense (DoD) with the 2022 National Defense Strategy.“As a combat support agency and the premier IT service provider for the...

Microsoft has entered an agreement to invest an estimated $10 billion in renewable electricity projects to be developed by Brookfield Asset Management. The “global framework agreement” signed by the cloud company is a commitment to bring 10.5 gigawatts of generating capacity online.“Microsoft ...

Amazon has revealed plans to develop data centers at a renewable energy business park in County Offaly, Ireland.AWS will become the first business to develop at the Bord na Móna Eco Energy Park in County Offaly, where it will leverage the energy produced by Bord na Móna's renewable development...

Microsoft has revealed plans to build cloud and AI infrastructure in Thailand, including a data center region as part of its digital infrastructure commitment to expand the availability of the company's hyperscale cloud services.At the Microsoft Build AI Day in Bangkok, Microsoft CEO Satya Nad...

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 sy...

Atos-owned Eviden has announced a new server line called BullSequana AI product line. This product line includes five AI server models that the company says have been optimized for AI workloads, all offering different levels of performance, scalability, and flexibility, depending on customers’...

Orange and Huawei have teamed up to launch Huawei Cloud services in Egypt. Both companies have previously teamed up to launch the Orange Business Cloud for business in Egypt. Following the latest agreement which is an extension of that launch, Huawei Cloud will roll out an array of its cloud c...

European satellite firm SES is set to acquire Virginia-based Intelsat via 100 percent of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of €2.8 billion ($3.1 billion) and certain contingent value rights. The companies said the partnership will create a “stronger multi-orbit ...

Edinburgh University has announced plans to use waste heat from its data center to warm up its buildings and has has received grant funding of just under £2.1 million ($2.62m) to support the energy-saving project at its Kings Buildings campus.The university will also invest £520,000 of its own...

A hydrogen demonstration facility has launched in Austin, Texas and will help provide power to the Texas Advanced Computing Center (TACC) data center via a fuel cell. The project – located at the University of Texas (UT) J.J. Pickle Research Campus in Austin – is a collaboration between GTI En...

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 as...

Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfoli...

Amazon Web Services (AWS) is set for an annualized revenue run rate of $100 billion as its first quarter has seen revenue of $25 billion, representing Year-on-Year (YoY) revenue growth of 17.2 percent, up from 13.2 percent in Q4 of 2023.CEO Andy Jassy told investors during the earnings call: "...

Conduent and Voya Financial have joined the list of companies to adopt Oracle Database@Azure to aid their cloud migrations.Oracle Database@Azure is an agreement between Oracle and Microsoft to colocate its Exadata database-optimized servers and Real Application Clusters in Microsoft Azure data...

Intel has reported a net revenue loss of $400 million in the first quarter of 2024, with its Foundry business unit continuing to experience a significant downturn. CEO Pat Gelsinger said that the revenue decline for the Foundry unit was not unexpected and the company expected 2024 would see it...

Nuclear small modular reactor (SMR) company Terrestrial Energy has signed a Memorandum of Understanding with Schneider Electric to jointly develop commercial opportunities and advance the deployment of IMSR plants as the reactor company is currently developing a 190MWe Integral Molten Salt Rea...

Microsoft, during its quarterly earnings call revealed that its cloud unit surpassed $31.8 billion in revenue for the quarter, up by 24 percent YoY. This led to a 4% increase in the company’s stock market, bridging the value to $128 billion. "We have the most comprehensive cloud footprint with...