Search Results for: iit

GPU Cloud Provider CoreWeave Secures $200M Series B Extension

ROSELAND, N.J. — May 31, 2023 — CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, today announced an additional $200 million in funding from Magnetar Capital (“Magnetar”), a leading alternative asset manager. The funding extension comes just one month after the company announced $221 million in Series B funding, also led by Magnetar, […]

ColdQuanta Reports 140% Bookings Increase and Nearly Doubled Headcount   

BOULDER, CO, January 31, 2022 –Quantum ecosystem company ColdQuanta announced the completion of  what it called “a milestone year in 2021, with significant momentum across all facets of the business including revenue, headcount, technical milestones, industry partnerships, leadership expansion and more.” “2021 was a successful year for ColdQuanta with unprecedented growth across all aspects of […]

Quantum Brilliance in $22.5M Quantum Chips Project

STUTTGART, Germany, January 19, 2022 — Quantum Brilliance, a German-Australian manufacturer of innovative quantum computing hardware, today announced a joint research project with the Fraunhofer Institute for Applied Solid State Physics IAF and the University of Ulm to develop new techniques for the fabrication and control of diamond-based quantum microprocessors. The goal of the €19.9 million ($22.5 […]

DOE: Up to $400M Open Call Funding for Basic Research to Advance Science

Oct. 1, 2021 — The U.S. Department of Energy (DOE) today announced up to $400 million in funding for a range of research opportunities to support DOE’s clean energy, economic, and national security goals. The funding will advance the priorities of DOE’s Office of Science and its major programs, including advanced scientific computing research, basic […]

CoolIT Systems Reports 43% YTD HPC Growth

Calgary, Alberta. September 22, 2021 – Privately held CoolIT Systems, maker of scalable liquid cooling technology for desktop and data centers, today reported 43 percent YTD revenue growth in HPC markets. CoolIT Systems said it expects to achieve over 100 percent growth in 2021 compared to the previous year. This follows an average YoY growth rate […]

Indian Institute of Tech, Max-Born Institut Team Say Graphene Valleytrionics Could Enable Room Temperature Quantum

A research team from the Indian Institute of Technology and Max-Born Institute of Germany have published a study on a novel approach for encoding quantum information: valleytronics. Aside from their charge, electrons have another parameter that can be manipulated: their “valley pseudospin,” which are the local minima in the energy bands of solids that can […]

Rescale’s 2021 State of Cloud HPC Report Reveals Major Cloud Adoption Trends in Research and Science

SAN FRANCISCO, March 02, 2021 — Rescale, a hybrid HPC cloud platform enabling intelligent computing for digital R&D, today published its inaugural State of Cloud HPC Report. The report shares aggregate cloud adoption trends in the HPC industry, leveraging usage data across Rescale’s more than 300 customers and unrivaled catalogue of more than 660 supported […]

WekaIO Provides Update on its Global Partner Program

Campbell, CA – December 8, 2020 – WekaIO (Weka), the high-performance and scalable NVMe-optimized file storage company, today celebrated the success of its Weka Innovation Network (WIN), a Global Partner Program, enabling channel partners to sell WekaFS in such markets as life sciences, financial services, and GPU-accelerated technical computing in the enterprise. Launched in November 2019, WIN […]

MBX Debuts Reference Platforms for Mixed Reality Deployments

Libertyville, IL  – MBX Systems, a manufacturer of purpose-built and deployment-ready hardware devices for technology companies, today unveiled a line of portable and rackmount reference platforms optimized to deliver next-generation fidelity and performance for mixed reality applications. The new MBX Varion systems are sized to support a variety of training needs, utilize NVIDIA GPUs and Intel CPUs to push […]

ACM To Hold AI in Finance Conference October 14-16

New York, Oct. 6, 2020 – ACM, the Association for Computing Machinery, will hold the inaugural ACM International Conference on AI in Finance (ICAIF), virtually from October 14-16. Advances in artificial intelligence are having significant impacts on finance, including financial markets, financial services, and the global financial system more broadly. ICAIF is a new scholarly conference to […]