NEW YORK and LONDON – April 10, 2025 – Salute, a lifecycle data center services company, will acquire Keysource Group, a European provider of data center and critical environment solutions, and Advanced Data Center Consulting Group (ADCC), a provider of AI-focused training and consulting. Salute said the acquisitions deepen their regional and technical capabilities. With […]
Keysource and ADCC are now officially part of the Salute brand following completed acquisition
April 11, 2025 by
AI Factory: AMD in $4.9 Billion Acquisition of ZT Systems
March 31, 2025 by
On the heels of winning a 30,000 GPU cluster deal with Oracle, AMD (NASDAQ: AMD) today announced a move into the AI infrastructure arena, reflecting a trend toward integration — or verticalization — of chip makers and the AI factory, defined by at least one company (data center company Vertiv) the AI “unit of compute.” […]
Vertiv Unveils 4 AI Digital Infrastructure Systems
March 19, 2025 by
Columbus, Ohio [March 18, 2025] – Vertiv (NYSE: VRT), a rovider of digital infrastructure and continuity solutions, today announced the launch of four new systems designed to address challenges driven by the rapid growth of AI applications. Vertiv’s expanded capabilities in infrastructure management, prefabricated modular deployment, advanced thermal management, and DC power distribution provide options […]
CoolIT Announces 4000W Liquid Cooling Coldplate
March 13, 2025 by
Calgary, AB, March 13, 2025— Liquid cooling company CoolIT Systems announced a 4000W-ready single-phase direct liquid cooling (DLC) coldplate – which the company said more than doubles the previously accepted limits of single-phase direct liquid cooling. “CoolIT continues to lead the industry in performance. We are thrilled to show silicon leaders that single-phase DLC will continue […]
CoreWeave in $11.9B AI Infrastructure Deal with OpenAI
March 12, 2025 by
March 10, 2025 — GPU cloud company CoreWeave today announced a deal to deliver AI infrastructure to OpenAI, expanding OpenAI’s compute capacity for training and delivering its latest models at scale to its hundreds of millions of users. The contract value for this strategic deal is up to $11.9 billion. As part of this deal, […]
Data Center Report: Record-low Vacancy Pushing Hyperscalers into Untapped Markets
March 10, 2025 by
In a year when data centers faced their most difficult power challenges, the industry thrived nevertheless. According to the North America Data Center Year-End 2024 Report ….
Penguin Solutions Expands its AI Management Software Platform and Launches AI Service
March 4, 2025 by
Milpitas, Calif. – March 4, 2025 – Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) today announced the expansion of its ICE ClusterWare software platform, (formerly Scyld ClusterWare) with multi-tenancy support, streamlined workflows and enhanced controls to help enterprises build ptimized AI ecosystems that scale seamlessly—known as Intelligent Compute Environments, the company said. Additionally, Penguin Solutions unveiled its ICE ClusterWare […]
Nebius Announces $700M Equity Financing for AI Infrastructure Rollout
December 2, 2024 by
Amsterdam, December 2, 2024 – Nebius Group N.V.; NASDAQ:NBIS), an AI infrastructure company, today announced s definitive agreements for a USD 700 million private placement financing from a group of institutional and accredited investors, including participation from Accel, NVIDIA, and certain accounts managed by Orbis Investments. The financing supports Nebius’ previously announced plans to further […]
HPC News Bytes 20240429: Exorbitant AI Infra-Tech, Advanced Chips in China, Neuromorphic HPC, an AI Bubble?
April 29, 2024 by
A good mid-spring morn to you! You’re invited to join Shahin and Doug on a jaunt (6:04) through recent HPC-AI developments, including: AI infra-tech’s booming costs and data center scarcity problems, a possibe AI bubble ….
How You Can Use Artificial Intelligence in the Financial Services Industry
December 8, 2022 by
In financial services, it is important to gain any competitive advantage. Your competition has access to most of the same data you do, as historical data is available to everyone in your industry. Your advantage comes with the ability to exploit that data better, faster, and more accurately than your competitors. With a rapidly fluctuating market, the ability to process data faster gives you the opportunity to respond quicker than ever before. This is where AI-first intelligence can give you the leg
up.
