According to a news report from Alliance News, Digital 9 Infrastructure PLC on Monday said it signed a USD$100 million green loan debt facility for Verne Global Iceland, the colo data center services provider, with a fixed-term of five years maturing in June 2028. According to the story by Greg Rosenvinge of Alliance News, this includes […]
Report: CoreWeave Wins Miscrosoft Deal for GPU Cloud Services Worth Billions
June 2, 2023 by Leave a Comment
Suddenly, GPU cloud provider CoreWeave is one of the hot tech companies of the week and likely longer. No sooner did the Roseland, NY, startup announce on Wednesday it had secured $200 million in a series B venture round extension than the news broke the next day that CoreWeave has signed a deal with Microsoft […]
RKVST Granted Patent Enabling ‘Practical Scale for Blockchain’
June 2, 2023 by Leave a Comment
SANTA CLARA, Calif. and CAMBRIDGE, U.K. – June 1, 2023 – RKVST announced it has been granted a U.S. patent that the company said enables practical scale for blockchains, putting an end to the limitless storage requirements that come with ever-growing transaction data, improving scalability, performance, availability and cost. Blockchain and distributed ledger technologies (DLT) are emerging […]
Power Grid Modeling Tool Launched on Frontier Exascale Supercomputer
June 1, 2023 by Leave a Comment
Exascale Grid Optimization (ExaGO), a power grid simulation and optimization platform developed by Pacific Northwest National Laboratory (PNNL), is the first of its kind to run on Oak Ridge National Laboratory’s (ORNL) Frontier, the first supercomputer in the world to reach exascale. Frontier, which was launched this spring, can calculate more than 1 quintillion operations per second and […]
Photonics Compute and Interconnect Startup Lightmatter Raises $154M Series C Funding, Targets HPC and AI Workloads
June 1, 2023 by Leave a Comment
BOSTON – Photonics computing company Lightmatter announced it has raised $154 million in a Series C investment round, bringing to $270 million that the company has raised. Participants in this latest round are SIP Global, Fidelity Management & Research Company, Viking Global Investors, GV (Google Ventures), HPE Pathfinder and existing investors. The company said it will […]
LLNL’s Lori Diachin Named Director of Exascale Computing Project
May 31, 2023 by Leave a Comment
Lawrence Livermore National Laboratory’s Lori Diachin will take over as director of the Department of Energy’s Exascale Computing Project on June 1, “guiding the successful, multi-institutional high-performance computing effort through its final stages,” ECP said in its announcement. Diachin, who is currently the principal deputy associate director for LLNL’s Computing Directorate, has served as ECP’s […]
Alces Flight and Deep Green Partner on UK HPC Carbon Output
May 31, 2023 by Leave a Comment
Bicester, UK and London — May 23, 2023 — The teams at Alces Flight and Deep Green have announced a partnership focused on the use of micro data centres to power HPC and edge workloads. Deep Green’s “data furnace” technology is designed to efficiently transforms the heat from its servers into useful hot water for district […]
HSBC and Quantinuum Explore Quantum Computing in Financial Services
May 30, 2023 by Leave a Comment
CAMBRIDGE, UK and BROOMFIELD, CO, May 30, 2023 – Quantum computing company Quantinuum and London-headquartered bank and financial services group HSBC have announced exploratory projects looking at potential benefits of quantum computing for banking with specific projects in cybersecurity, fraud detection and natural language processing. Philip Intallura, Global Head of Quantum Technologies at HSBC said […]
AlixPartners and NAX Group Partner on AI and Corporate Data Sets
May 30, 2023 by Leave a Comment
NEW YORK, May 30, 2023 — AlixPartners, a global consulting firm, and AI software company NAX Group, today announced a partnership to build a platform designed to unlock the value of AI and corporate data sets. The partnership AlixPartners and NAX’s proprietary AI software to unlock growth by: Supporting core growth through AI-enabled productivity of […]
ArangoDB Announces Release of ArangoDB 3.11 for Search, Graph and Analytics
May 30, 2023 by Leave a Comment
SAN FRANCISCO – May 30, 2023 – Graph data and analytics platform company ArangoDB today announced the GA release of ArangoDB 3.11 to accelerate its performance across search, graph, and analytics use cases. ArangoDB 3.11 includes performance improvements for ArangoSearch, ArangoDB’s natively-integrated full-text search and ranking engine, as well as new functionality to its web interface to simplify the […]
