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WHTop → 📋 News → Salience Labs Secures $30M to Advance AI Photonic Connectivity
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 [...][... Check source for end of article ...]
📅 - 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 [...]
📅 - 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 [...]
📅 - 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 [...]
📅 - 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 [...]
📅 - InvestAI: EU Launches 200B Initiative for AI Research and Infrastructure - The European Union has launched InvestAI, a major initiative aimed at securing 200 billion for artificial intelligence investments. This ambitious plan includes a dedicated 20 billion fund for AI gigafactories, a key component in developing large-scale AI infrastructure. The initiative was announced at the Artificial Intelligence (AI) Action Summit in Paris, underscoring Europe's commitment to becoming a global leader in AI innovation and development.
InvestAI is designed to support the open and collaborative creation of advanced AI models, enabling businesses and research institutions of all sizes to leverage cutting-edge AI technology. The EU aims to establish AI gigafactories that will [...]
📅 - Brookfield, Data4 Invest 20B in France for AI Data Centers - Brookfield Asset Management has announced a 20 billion investment in France to support the expansion of artificial intelligence infrastructure, with a focus on data centers and related sectors. The initiative was introduced at the Artificial Intelligence Action Summit in Paris, marking a significant commitment to strengthening France's position in the global AI landscape.
A substantial portion of the investment, up to 15 billion, will be allocated to data center development, led by Data4, a Paris-based data center firm in Brookfield's portfolio. Data4, one of the largest data center developers in Europe, plans to construct more than 500 megawatts of data center capacity across multiple [...]