(Bloomberg) — AI’s voracious need for computing power is threatening to overwhelm energy sources, requiring the industry to change its approach to the technology, according to Arm Holdings Plc Chief Executive Officer Rene Haas. Most Read from Bloomberg By 2030, the world’s data centers are on course to use more electricity than India, the world’s …
COMPANY NEWS: Cohesity, a leader in AI-powered data security and management, today announced it is collaborating with Intel to bring Intel’s confidential computing capabilities to the Cohesity Data Cloud. Leveraged with Fort Knox, Cohesity’s industry-leading cyber vault service, this data-in-use encryption innovation will be the first of its kind in the data management industry. Together, Cohesity …
The boom in artificial intelligence (AI) spending is unprecedented. Companies are investing billions of dollars to create data centers and other computing infrastructure in hopes of winning the AI technology wars. Microsoft and OpenAI are reportedly set to spend $100 billion on a single supercomputer. That is a lot of money going to computing systems. …
(Bloomberg) — The world is “grossly” underestimating how much the demand for artificial intelligence is going to expand the global market for data centers over the next five years, according to the co-founder of the cloud-computing unicorn CoreWeave. Most Read from Bloomberg The data center requests that CoreWeave is fielding on a daily basis “are …
GRENOBLE, France, April 02, 2024–(BUSINESS WIRE)–Kalray (Euronext Growth Paris: ALKAL), a leading provider of hardware and software solutions to accelerate data intensive workflows from Cloud to Edge announces the commercial availability of its latest product, the TURBOCARD4 (TC4) acceleration card. Powered by four of Kalray’s latest generation of DPU processors, the TC4 targets the fast …
Nvidia has performed amazingly over the past year. Since the start of 2023, it has risen an amazing 520%. However, that’s not surprising for a cyclical company like Nvidia. Nvidia sells a product once and then must sell another to continue driving sales. This can lead to a boom-or-bust environment. While this has worked for …
Arista Networks (NYSE:ANET) is a computer networking company achieving consistently high revenue growth by offering data centers affordable network switching hardware. Although the stock maintains a relatively high forward P/E ratio of around 45x, the company has staked out a solid market niche in a high-growth industry via innovation. Its ability to generate revenue draws attention as …
855,000-square-foot Amazon fulfillment center in New York City, (Photo by Johannes EISELE / AFP) (Photo credit should read JOHANNES EISELE/AFP via Getty Images) AFP via Getty Images We live in a material world. That world is also more digital than ever. Warehouses and Data Centers are the invisible workhorses of the 21st century that make …
Wall Street is a stomping ground for innovation. Since the advent of the internet three decades ago, there have been a long list of next-big-thing trends and innovations that have come down the line, including genome decoding, 3D printing, blockchain technology, and the metaverse, just to name a few. However, none of these trends offers …
After being flat for nearly two decades, demand for power in the U.S. is soaring. A recent report by Grid Strategies, a power sector consulting company, estimated that yearly electricity demand is set to grow by 0.9%, while the capacity added to the grid is planned to increase by just 0.5%. What’s the cause of …