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WHTop → 📋 News → Digital Edge Secures $1.6B for Hyperscale Data Center Expansion in Asia
Digital Edge Secures $1.6B for Hyperscale Data Center Expansion [...]
Digital Edge Secures $1.6B for Hyperscale Data Center Expansion in Asia
📅 - Digital Edge, a Singapore-based developer and operator of interconnection and hyperscale edge data centers across Asia, has raised over $1.6 billion in capital to drive its next growth phase. The funding combines approximately $640 million in equity from new and existing investors and $1 billion in debt financing to support campus expansions.
Digital Edge is a portfolio company of Stonepeak, a prominent alternative investment firm that specializes in infrastructure and real assets. The equity round was notably oversubscribed, attracting some of the world's largest institutional investors and sovereign wealth funds as new co-investors.
The fresh capital would enable Digital Edge to [...][... Check source for end of article ...]
📅 - AI Server Market to Hit $298B by 2025, says TrendForce - According to TrendForce's most recent analysis, the server sector as a whole is expected to be worth US$306 billion by 2024. The industry value directly associated with AI servers is anticipated to be over US$205 billion within this total, indicating a greater rise than the industry value associated with regular servers.
Due to consistently strong demand and a higher average selling price for this product category, the AI server sector is predicted to reach a value of US$298 billion by 2025. Furthermore, it is predicted that by 2025, AI servers would make up more than 70% of the server industry's overall value.
When it comes to AI server shipments, the main factor driving development has [...]
📅 - Microsoft to Invest $80B in AI Development and Cloud Data Centers - Microsoft has announced plans to invest over $80 billion in artificial intelligence development and AI-enabled cloud data centers during the current fiscal year, underscoring its commitment to advancing cutting-edge technology. According to the blog post last Friday by Brad Smith,Microsofts Vice Chair and President, more than half of this massive investment will be allocated to the United States, reflecting the companys confidence in the U.S. economy and its technology ecosystem.
Smith emphasized the critical role of collaboration between software developers, semiconductor manufacturers, and tech companies in driving what he described as a world-changing technological boom in AI. [...]
📅 - Infrastructure as Code: Transforming Dynamic IT Operations - Traditional IT infrastructure management techniques are sometimes failing as companies depend more and more on flexible infrastructure to meet the needs of an evolving digital environment. Innovation might be needed to manage the increasing complexity, andInfrastructure as Code (IaC)has become a key strategy that helps businesses stay flexible, reliable, and scalable.
Infrastructure as code provides a revolutionary approach to IT resource management by codifying infrastructure settings, offering a methodical, effective, and consistent way to install and maintain systems. IaC is becoming a crucial part of contemporary IT strategies as businesses work to streamline operations in the face of [...]
📅 - Cloud-Native Tech: Enhancing UX and Application Scalability - Delivering an exceptional user experience has become essential for businesses striving to thrive in todays hyperconnected digital landscape. Cloud-native solutions are transforming the game by providing the agility, scalability, and resilience needed to meet evolving user demands.
By leveraging tools such as Kubernetes, containerization, and APIs, organizations are transforming their approach to application development and deployment, ensuring their applications are ready for the challenges of tomorrow.
Cloud-native technologies are particularly impactful in environments that utilize public and private clouds. They enable organizations to create highly scalable and adaptable applications [...]
📅 - Soluna Partners with Atlas Cloud for Sustainable AI Video Processing - This increases Soluna's presence in high-performance, sustainable AI computing and represents the second client acquired under the company's strategic partnership with Hewlett Packard Enterprise (HPE) GreenLake.
During this one-year agreement, Soluna will supply Atlas with 64 Nvidia H100 GPUs, with the possibility of expanding to additional ones. With its unmatched dependability and energy-efficient scalability, this cluster will serve the sophisticated AI video processing workloads of Atlas and its clients. Through this transaction, Soluna has already sold a third of its original Cluster from HPE Greenlake, indicating early progress in providing clients looking to leverage AI with [...]
📅 - Nokia Sells Alcatel Submarine Networks to France - Nokia has officially completed the sale of Alcatel Submarine Networks (ASN), a leading global provider of undersea communication networks, to the French government, represented by the Agence des participations de l'tat. The transaction, finalized on December 31, 2024, marks a strategic shift for Nokia as it refocuses its business portfolio on core markets.
As part of the agreement, Nokia retains a 20% stake in ASN and maintains board participation to ensure a smooth transition. The French government is expected to acquire Nokia's remaining stake at a later date.
This sale would align with Nokias broader strategic goals, including its June 2024 announcement of the planned acquisition of [...]