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DDC Welcomes Cequel III and Thompson Street as Majority Investors, Enhancing Global Data Center Tech Leadership
January 31st, 2024 Comments Off on DDC Welcomes Cequel III and Thompson Street as Majority Investors, Enhancing Global Data Center Tech Leadership
ST. LOUIS, Jan. 31, 2024 -- Following an initial investment last year, Cequel III announced today that it, with Thompson Street Capital Partners, has taken a controlling interest in privately held DDC Cabinet Technology. Co-founders Chris Orlando and Mark Ortenzi, ...

Xinnor and MEGWARE Partner to Bring Fast Storage Solutions to the HPC and AI Market
January 30th, 2024 Comments Off on Xinnor and MEGWARE Partner to Bring Fast Storage Solutions to the HPC and AI Market
HAIFA, Israel and CHEMNITZ, Germany, Jan. 30, 2024 -- Xinnor, a leading provider of innovative storage software, is proud to announce a strategic partnership with MEGWARE, one of Europe’s leading HPC system integrators. MEGWARE engineers conducted rigorous testing to ...

Kore.ai Secures $150M Investment for Advancing Enterprise AI Solutions, with NVIDIA and Others Participating
January 30th, 2024 Comments Off on Kore.ai Secures $150M Investment for Advancing Enterprise AI Solutions, with NVIDIA and Others Participating
ORLANDO, Fla., Jan. 30, 2024 -- Kore.ai, a leader in enterprise conversational and generative AI platform technology, today announced $150 million in funding. The strategic growth investment was led by FTV Capital, a sector-focused growth equity investor with a ...

IBM to Deploy Advanced AI and Quantum Systems in Busan with Korea Quantum Computing
January 30th, 2024 Comments Off on IBM to Deploy Advanced AI and Quantum Systems in Busan with Korea Quantum Computing
BUSAN, South Korea, Jan. 30, 2024 -- IBM has announced that Korea Quantum Computing (KQC) has engaged IBM to offer IBM's most advanced AI software and infrastructure, as well as quantum computing services. KQC's ecosystem of users will have access ...

Tuya Smart Unveils Best Practices with Amazon Aurora, Enhancing IoT Operations
January 29th, 2024 Comments Off on Tuya Smart Unveils Best Practices with Amazon Aurora, Enhancing IoT Operations
NEW YORK, Jan. 29, 2024 -- Tuya Smart, a global IoT developer service provider, has delivered its Best Practices in using Amazon Aurora at IoT industry. Amazon Aurora is a relational database management system (RDBMS) built for the cloud ...

Essential AI Chooses Google Cloud to Power Enterprise Decision Making with Generative AI
January 29th, 2024 Comments Off on Essential AI Chooses Google Cloud to Power Enterprise Decision Making with Generative AI
SUNNYVALE, Calif. and SAN FRANCISCO, Jan. 29, 2024 -- Essential AI and Google Cloud today announced a new multi-year partnership to simplify and scale the development of full-stack generative artificial intelligence (gen AI) products that will help empower enterprise users ...

NAIRR Pilot Takes Flight with First Call for AI-Related Research Proposals
January 29th, 2024 Comments Off on NAIRR Pilot Takes Flight with First Call for AI-Related Research Proposals
Jan. 29, 2024 -- Members of the U.S. research community have the opportunity to request access to advanced computing resources for projects focused on forwarding safe, secure and trustworthy AI. With the recent launch of the National Artificial Intelligence ...

VAST Data and Genesis Cloud Partner to Deliver AI-Optimized Cloud Infrastructure
January 29th, 2024 Comments Off on VAST Data and Genesis Cloud Partner to Deliver AI-Optimized Cloud Infrastructure
NEW YORK CITY, Jan. 29, 2024 -- VAST Data has announced a strategic partnership with Genesis Cloud, a leading Infrastructure-as-a-Service (IaaS) provider for GPUs and accelerators in the cloud. Together, VAST and Genesis Cloud are poised to make AI ...

OctaiPipe Empowers Critical Industries with Unique Edge AI Federated Learning Platform
January 26th, 2024 Comments Off on OctaiPipe Empowers Critical Industries with Unique Edge AI Federated Learning Platform
LONDON, Jan. 26, 2024 -- OctaiPipe has announced raising £3 million in pre-Series A funding and a £500,000 non-equity grant, totaling £3.5 million (~US$4.5 million). The pre-Series A round was led by SuperSeed with Forward Partners, D2, Atlas Ventures, Martlet ...

Qdrant Raises $28M to Advance Massive-Scale AI Applications
January 26th, 2024 Comments Off on Qdrant Raises $28M to Advance Massive-Scale AI Applications
BERLIN, Jan. 26, 2024 -- Qdrant, a leading high-performance, open-source vector database, has announced the successful completion of its Series A funding round, securing a $28 million investment led by Spark Capital, with participation from existing investors Unusual Ventures and ...
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