Toshiba Electronics Europe GmbH (Toshiba) has inaugurated a new HDD Innovation Laboratory (HDD Innovation Lab) at its site in Düsseldorf, Germany. The facility expands Toshiba’s HDD (hard disk drive) evaluation capabilities to customers and partners in Europe and the Middle East, supporting them in identifying the optimal HDD setups for their applications. Its main purpose will be the evaluation […]
Intel Corporation has announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18. He succeeds Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Tan will also rejoin the Intel board of directors after stepping down from the board […]
Nutanix hosted a successful edition of its annual .NEXT event in Riyadh at the Crowne Plaza RDC. The event, held at the end of January, was a celebration of Nutanix’s 15th anniversary and a significant milestone for the company in Saudi Arabia, marking the continued momentum and growth in the region. With over 600 […]
Intelligent power management company Eaton has announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and communications customers. Under the terms of the agreement, Eaton will pay $1.4 billion for the acquisition of Fibrebond, which is expected to generate $110 […]
CoreWeave has 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 around the world. The contract value for this strategic deal is up to $11.9 billion. As part of this deal, OpenAI will become an […]
Pure Storage has debuted FlashBlade//EXA, a high performing data storage platform engineered for the most demanding requirements of AI and High-Performance Computing (HPC). While legacy approaches to data storage have held back AI potential, FlashBlade//EXA breaks the metadata bottleneck with a proven architecture based on FlashBlade, built for high concurrency and the massive amounts of […]
Vertiv has made another key addition to its industry-leading thermal management portfolio, with the introduction of the Vertiv CoolLoop Trim Cooler, in support of air and liquid cooling applications for AI (artificial intelligence) and HPC (high-performance computing). This global solution supports diverse climate conditions for hybrid-cooled or liquid-cooled data centers and AI factories. Integrating seamlessly […]
Swiss private equity firm Partners Group is to acquire Australian data center firm GreenSquareDC. Partners Group will invest up to AUD 1.2 billion (US$759m) to transform GreenSquareDC into a next-generation data center platform. Under Partners Group’s ownership, GreenSquareDC will become an owner, developer, and operator of large-scale sustainable data centers across key Australian cities, generating […]
Chinese data center operator GDS Holdings has announced that it has entered into definitive agreements to monetize, on a net basis, a 70% equity interest in certain of its data centers, at an implied enterprise value (“EV”) to EBITDA multiple of around 13 times. In a first of a kind transaction, GDS is selling a […]
Qualcomm Technologies has announced the entry into an agreement to acquire Edge Impulse, which will enhance its offering for developers and expand its leadership in AI capabilities to power AI-enabled products and services across IoT. The closing of this deal is subject to customary closing conditions. This acquisition is anticipated to complement Qualcomm Technologies’ strategic […]
