UK chip design company Arm is in negotiations with NVIDIA to be an anchor investor in Arm’s initial public offering, The Financial Times reported last week. The news comes nearly 18 months after NVIDIA ended its attempted acquisition of Arm from Japanese investment company SoftBank due to regulatory hurdles in several countries and Europe. The […]
atNorth Announces 44% Revenue Growth
July 12, 2023 by
Reykjavik, Iceland – July 12th 2023 — atNorth, a nordic colocation, high-performance computing and AI service provider, has today announced a group income of SEK 560 million (EUR 53 million) as it publishes its 2022 annual accounts. This figure represents a 44 percent increase in revenue from 2021 and further growth is expected in the […]
Eviden Announces 2 HPC and Quantum Pacts
July 10, 2023 by
Eviden, the advanced computing unit of Atos, announced two quantum computing partnerships this morning, with HPCNow!, a Barcelona-based HPC consulting firm, and with Alice & Bob, a quantum computing company in Paris. With Alice & Bob, Eviden will make Alice & Bob’s cat qubit technology accessible on Qaptiva, Eviden’s quantum application development platform. Eviden said […]
NVIDIA Unveils GH200 Grace Hopper Superchip Platform with HBM3e Processor
July 8, 2023 by
NVIDIA today at the SIGGRAPH conference announced the NVIDIA GH200 Grace Hopper platform — based on a new Grace Hopper Superchip with the first HBM3e processor, according to NVIDIA — built for accelerated computing and generative AI. Built for large language models, recommender systems and vector databases, the new platform will be available in a range of configurations, according to the company. The dual configuration, which delivers up to 3.5x more memory capacity and 3x more bandwidth than the current generation offering, comprises a single server with 144 Arm Neoverse cores, eight petaflops of AI performance and 282GB of the latest HBM3e memory technology.
Quantum Exponential Invests in Delta g Ltd
July 5, 2023 by
July 5, 2023 — Quantum Exponential Group plc (AQUIS: QBIT), a company focused on investing in quantum technologies, has announced it has invested £300,000 (the ‘Investment’) as part of a circa. £1,500,000 pre seed funding round in Delta g Ltd (‘Delta g’). Delta g is a UK based gravity sensing hardware and technology development company […]
22,000 GPUs: Inflection AI Building 22 exaFLOPS Generative AI Cluster
June 30, 2023 by
Palo Alto-based startup Inflection AI yesterday said it is building the world’s largest AI cluster comprised of 22,000 NVIDIA H100 Tensor Core GPUs that will deliver 22 exaFLOPS performance. The company also said it has raised $1.3 billion in a funding round led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt and new investor NVIDIA, […]
SourceCode Acquires Boston Limited, Adds Ungaro and Andreolli to Board
June 28, 2023 by
NORWOOD, Mass., June 26, 2023 — SourceCode, an IT systems company for AI infrastructure, announced it has agreed to acquire UK-EU-based Boston Limited, a provider of high-performance server and storage solutions. SourceCode is a portfolio company of Cerberus Capital Management, L.P. (“Cerberus”). The transaction is expected to close on June 30, 2023. SourceCode said that with […]
Snowflake and NVIDIA Team on Generative AI in the Cloud
June 28, 2023 by
LAS VEGAS – June 26, 2023 – Data cloud company Snowflake and NVIDIA have announced at Snowflake Summit 2023 that they are partnering to provide businesses an accelerated path to create customized generative AI applications using their own proprietary data, all securely within the Snowflake Data Cloud. With the NVIDIA NeMo platform for developing large language models (LLMs) […]
Generative AI: Databricks to Acquire MosaicML for $1.3B
June 26, 2023 by
San Francisco-based data and AI startup Databricks today announced a $1.3 billion deal to acquire generative AI platform MosaicML, whose large language models (MPT-7B and MPT-30B) have more than 3.3 million downloads. The goal of the acquisition: reduce the time and cost of large language model training for generative AI, the companies said. Databricks, which […]
Eviden in $100M HPC Weather Systems Deal with India’s Earth Sciences Ministry
June 22, 2023 by
Paris – June 22, 2023 – Eviden, the Atos business for advanced computing, today announced it was awarded a $100M contract with NCMRWF, on behalf of the India Ministry of Earth Sciences, to build two AMD- and NVIDIA-powered supercomputers for weather modelling and climate research for IITM and NCMRWF. These systems, based on Eviden’s BullSequana […]
