Deepak
IBM Partners With Scuderia Ferrari HP For Fan Engagement And Data Analytics
IBM has announced it has entered into a multi-year agreement with Ferrari S.p.A. to become the official Fan Engagement and Data Analytics Partner of Scuderia Ferrari HP, the most renowned Formula 1 team, starting in 2025. The partnership brings together two iconic and enduring brands, both driven by a passion for innovation and a commitment to progress. IBM and Scuderia Ferrari HP will conceive, d...
Power Shortages Will Restrict 40% of AI Data Centers By 2027
AI and generative AI (GenAI) are driving rapid increases in electricity consumption, with data center forecasts over the next two years reaching as high as 160% growth, according to Gartner, Inc. As a result, Gartner predicts 40% of existing AI data centers will be operationally constrained by power availability by 2027. “The explosive growth of new hyperscale data centers to implement GenAI is cr...
Qlik Secures Investment From Thoma Bravo And ADIA
Thoma Bravo has signed an agreement to sell a significant minority stake in Qlik to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). As part of the terms of the transaction, Thoma Bravo would remain the majority shareholder and would also make a new equity investment in the company. A consortium of other investors is expected to invest alongside ADIA and Thoma Bravo. This tr...
Nutanix Expands Partnership With AWS
Nutanix has announced an expanded strategic collaboration with Amazon Web Services to accelerate cloud migration and provide options for customers managing workloads across on-premises and cloud environments. This aims to reduce the friction required for IT modernization, making it easier for customers to leverage AWS services to drive innovation. Through this collaboration, customers can leverage...
e& UAE And Ericsson Sign MoU To Drive 6G Exploration
Ericsson and e& United Arab Emirates (UAE) have announced the signing of a Memorandum of Understanding (MoU), for the collaborative exploration of 6G technology, its use cases and future network evolution. The MoU will serve as an early engagement for defining the next generation of future mobile network evolution and will include a series of technical discussions and engagements aimed at joi...
Nutanix Is Positioned Furthest In Vision Among All Vendors In 2024 Gartner Magic Quadrant For File And Object Storage Platforms
Nutanix has announced it is positioned furthest in vision among all vendors in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms. Nutanix believes this recognition is due to the company’s strong vision for an enterprise storage platform that unifies unstructured data across edge, public and private clouds. This, along with the ability to consolidate files, objects and blo...
Hub71 And Google Bring Finance Summit GtFT 2024 To Abu Dhabi
Hub71, Abu Dhabi’s global tech ecosystem, and Google delivered the highly anticipated GtFT 2024 Summit, in the UAE’s capital city. The exclusive event took place from 17-18 October, gathering some of the most influential leaders in finance and technology to explore forward-looking solutions to reshape the future of finance. The GtFT 2024 Summit brought together more than 350 participants, includin...
Nutanix Opens New Office In Riyadh
Nutanix has announced the opening of its new, state-of-the-art office in Riyadh. Situated on the iconic King Fahd Road at Tuwaiq Gate, this expansion highlights Nutanix’s continued growth and unwavering commitment to Saudi Arabia’s dynamic digital transformation journey. “Our new office not only reflects our growth but also symbolizes our deep-rooted commitment to supporting Saudi Arabia’s digital...
Vertiv Concludes Successful AI Solutions Innovation Roadshow In Dubai
Vertiv recently concluded its highly anticipated AI Solutions Innovation Roadshow in Dubai, UAE. Held at Crowne Plaza – Dubai Marina, the event was part of a global series aimed at educating and equipping customers and consultants with essential expertise for deploying high-performance computing (HPC) and artificial intelligence (AI) infrastructure. During the roadshow, Vertiv experts introduced t...
KKR Signs $50bn Partnership With ECP For Data Center
KKR and Energy Capital Partners (ECP), have announced a $50 billion strategic partnership. The collaboration aims to accelerate the development of data center and power generation and transmission infrastructure for the rapid expansion of artificial intelligence (AI) and cloud computing globally. This strategic partnership combines KKR’s deep expertise in digital infrastructure, power, and the ene...
Fujitsu And AMD To Develop Computing Infrastructure For AI And HPC
Fujitsu and AMD have announced that they have signed a memorandum of understanding (MOU) to form a strategic partnership to create computing platforms for AI and high-performance computing (HPC). The partnership, encompassing all aspects from technology development to commercialization, will seek to facilitate the creation of open source and energy efficient platforms comprised of advanced process...
Fortune 500 Companies To Shift $500 Billion From Energy Opex to Microgrids
Gartner predicts that through 2027, Fortune 500 companies will shift $500 billion from energy operating expenditure (opex) to microgrids to mitigate chronic energy risks and AI demand. “We are seeing warning signals that electricity demand is outstripping supply due to delays in investment and permitting,” said Lloyd Jones, VP Analyst at Gartner. Fortune 500 companies are already investing in infr...