45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
X
Menu
WHTop → 📋 News → Iliad Group Invests 3B in AI Infrastructure, Cloud, and Research
Iliad Group Invests 3B in AI Infrastructure, Cloud, and Research
📅 - The Iliad Group has committed 3 billion to advancing artificial intelligence across Europe, reinforcing its ambition to lead the sector. The investment spans AI research, application layers, and dedicated infrastructure, including data centers and processing capabilities.
A major portion of the funding, 2.5 billion, is directed towards OpCore, the entity managing the Iliad Group s 13 data centers. The goal is to establish a dominant position in hyperscale data centers that cater to AI computational needs. To achieve this, the Group has partnered with InfraVia, a European private equity firm, enabling OpCore to scale its capacity to several hundred megawatts, with long-term plans extending [...][... Check source for end of article ...]
📅 - NXP Acquires Kinara for $307M to Boost Edge AI Processing - NXP Semiconductors (NASDAQ: NXPI) has announced the acquisition of Kinara, a leader in high-performance, energy-efficient, and programmable discrete neural processing units (NPUs). This $307 million all-cash deal, expected to close in the first half of 2025 pending regulatory approvals, would strengthen NXPs position in edge AI processing by integrating Kinaras advanced AI capabilities into its portfolio.
The increasing demand for secured, cost-effective, and energy-efficient AI solutions is driving rapid growth in the edge AI processing market. Advanced edge AI enables localized decision-making, reducing reliance on cloud computing, enhancing data privacy, and lowering operational [...]
📅 - Nirmata Secures $9.6M for AI-Driven Cloud Policy Solutions - Nirmata, a provider of cloud-native security policy automation and governance solutions, has announced a $9.6 million funding round. With this funding, Nirmata aims to accelerate product development, expand its global market reach, and solidify its role as a leader in security automation, governance, and compliance from code to the cloud.
The funding round was led by Peak XV Surge, formerly known as Sequoia Capital India & SEA. The investment also includes participation from Dallas Venture Capital, Dreamit Ventures, Z5 Capital, and Uncorrelated Ventures.
The increasing adoption of Kubernetes and container technologies has fueled the need for robust security solutions. As cloud-native [...]
📅 - France and UAE Plan $50 Billion AI Data Center - France and the United Arab Emirates (UAE) have entered into a landmark agreement for a major artificial intelligence (AI) data center investment, marking a significant financial commitment between the two nations. The French presidency announced that the UAE will contribute to building a 1-gigawatt AI-focused data center in France, with investments estimated between $30 billion and $50 billion.
The deal was formalized as part of broader efforts to strengthen Frances AI infrastructure and attract foreign capital into its technology sector.
The agreement was signed during a high-profile meeting between French President Emmanuel Macron and UAE President Sheikh Mohamed bin Zayed Al Nahyan, [...]
📅 - Eurofiber Acquires Arcadiz to Expand Its Connectivity in Europe - Netherlands-based connectivity provider Eurofiber has acquired of connectivity solutions provider Arcadiz from Belgium, further reinforcing its strategic growth objectives and expanding its open access digital infrastructure. This acquisition would strengthen Eurofibers ability to deliver scalable and reliable network solutions tailored to the increasingly sophisticated needs of its clients across multiple sectors.
Founded in 1999, Arcadiz has established itself as a key player in network design, construction, maintenance, and operation, serving major commercial and non-profit organizations, including utilities, government agencies, and large enterprises throughout the Benelux [...]
📅 - Salience Labs Secures $30M to Advance AI Photonic Connectivity - Salience Labs, a company specializing in photonic solutions for AI data center connectivity, has secured $30 million in Series A funding. This funding will support the continued development of optical switches designed to enhance large-scale AI connectivity by providing high bandwidth, low latency, and significant energy efficiency.
The investment round was led by Applied Ventures, the venture capital arm of Applied Materials and ICM HPQC Fund, with participation from Braavos, Oxford Sciences Enterprises, Cambridge Innovation Capital, and industry leaders such as Silicon Catalyst and Jalal Bagherli.
The demand for photonic switching technology is growing as AI data centers require [...]
📅 - Kinsta Launches Pay-As-You-Go to Cut Web Hosting Waste - Customers are typically forced into strict, unchangeable plans by website hosting firms, either for a specific number of websites or a specific volume of traffic. Because of this, website owners who require more have been compelled to upgrade to a plan they do not desire, which requires them to purchase a lot more websites or traffic than they require.
Customers may purchase only the websites, storage, PHP performance, or dedicated servers they want for certain websites using Kinsta's fresh, straightforward, and adaptable strategy.
Initially, clients have the option of selecting a Single Site Plan or a Multiple Site Plan.
After that, they can include incremental add-ons like: The Single [...]