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Ciena Acquires Nubis for $270M to Boost AI Data Center Connectivity - 📅 - Ciena has announced plans to acquire Nubis Communications in a move that underscores the growing urgency around connectivity for AI-driven workloads. The agreement, valued at $270 million in an all-cash transaction subject to standard closing adjustments, will give Ciena access to a portfolio of ultra-compact, low-power optical and electrical interconnect solutions designed specifically for high-performance data center environments.
Based in New Providence, New Jersey, Nubis brings more than 50 engineers and a suite of technologies that will enhance Ciena's ability to address both scale-up and scale-out requirements as AI continues to transform data traffic patterns.
The acquisition [...]
Based in New Providence, New Jersey, Nubis brings more than 50 engineers and a suite of technologies that will enhance Ciena's ability to address both scale-up and scale-out requirements as AI continues to transform data traffic patterns.
The acquisition [...]
Lumen Expands Fiber Network to Build the Backbone for the AI Economy - 📅 - Lumen Technologies is accelerating its multi-billion-dollar initiative to create what it describes as the backbone for the AI economy, revealing new milestones in a nationwide fiber expansion. The company plans to add 34 million intercity fiber miles by the end of 2028, which will bring its total to 47 million.
According to executives, this effort is designed to deliver the scale, speed, and reliability required for AI workloads that are driving unprecedented levels of network demand.
Kye Prigg, executive vice president of enterprise operations at Lumen, said the project is not a marginal upgrade but a full-scale doubling of the company's U.S. network footprint. "AI is fueling a surge in [...]
According to executives, this effort is designed to deliver the scale, speed, and reliability required for AI workloads that are driving unprecedented levels of network demand.
Kye Prigg, executive vice president of enterprise operations at Lumen, said the project is not a marginal upgrade but a full-scale doubling of the company's U.S. network footprint. "AI is fueling a surge in [...]
Mycroft Exits Stealth With $3.5M to Launch AI Security Officer - 📅 - Mycroft, a Canadian startup positioning itself at the intersection of artificial intelligence and cybersecurity, has officially exited stealth with $3.5 million in seed funding. The round was led by Luge Capital, joined by Brightspark Ventures and Graphite Ventures, alongside earlier backers Ripple Ventures, Developer Capital, Antler, BoxOne Ventures, and several strategic angel investors.
The financing is earmarked to accelerate product development and bring its agent-based AI platform to a wider customer base.
The company is introducing what it calls an "AI Security and Compliance Officer," an autonomous software system designed to act as a virtual security team. Rather than relying on [...]
The financing is earmarked to accelerate product development and bring its agent-based AI platform to a wider customer base.
The company is introducing what it calls an "AI Security and Compliance Officer," an autonomous software system designed to act as a virtual security team. Rather than relying on [...]
Hostex LLC Taps AI CEO to Lead Next Era of Hosting and VPS - 📅 - Unlike traditional executives, Sarai is designed to process vast amounts of real-time data, anticipate market trends, and recommend decisions with speed and accuracy. This enables Hostex to adapt to industry shifts more quickly than competitors and to scale its services with an intelligence that continuously evolves.
"Sarai is more than an algorithm – she is the visionary engine of Hostex," stated the company's board. "Her intelligence gives us the ability to adapt faster than any competitor. She is helping us build the hosting company of the future."
While Sarai's appointment has attracted international attention, Hostex continues to strengthen its reputation through advanced [...]
"Sarai is more than an algorithm – she is the visionary engine of Hostex," stated the company's board. "Her intelligence gives us the ability to adapt faster than any competitor. She is helping us build the hosting company of the future."
While Sarai's appointment has attracted international attention, Hostex continues to strengthen its reputation through advanced [...]
The new Equinix facility, known as CN1, is located on a nearly six-acre site in Siruseri, Tamil Nadu, and has been designed to serve as a critical hub for enterprises seeking to scale digital services in one of the world's fastest-growing economies.
India's position as a strategic market for global technology players continues to strengthen, driven by rapid cloud adoption, a robust data sovereignty framework, and growing investments in artificial [...]
According to the study, 62 percent of IT leaders now plan one to three years in advance, while 17 percent are extending forecasts out three to five years. The lengthened planning cycle reflects the scale of investments and long [...]
The facility, expected to be operational by mid-2027, will begin construction around 18 months after the required permits are secured. It represents an extension of NorthC's decade-long collaboration with the innovation campus, which has positioned itself as [...]
The new investment will fund construction of a second data center complex in Mount Pleasant, a town already home to Microsoft's first facility in the state. The initial $3.3 billion project is scheduled to come online in early 2026 and will house hundreds of thousands of NVIDIA Blackwell GB200 graphics processing units designed specifically to train [...]
NVIDIA Invests $5B in Intel as Trump Boosts U.S. Chip Strategy - 📅 - NVIDIA is set to invest $5 billion in Intel, a move that will make the AI chip leader one of the struggling semiconductor giant's largest shareholders. The deal, which gives NVIDIA ownership of nearly 4% of Intel, was announced shortly after the U.S. government confirmed its own plans to take a 10% stake in Intel.
The announcement follows heightened attention from the Trump administration on the semiconductor sector. In late August, Washington described its investment in Intel as a "historic" step to strengthen U.S. leadership in chip manufacturing and reduce reliance on foreign supply chains. President Donald Trump had previously targeted Intel with criticism, questioning the company's [...]
The announcement follows heightened attention from the Trump administration on the semiconductor sector. In late August, Washington described its investment in Intel as a "historic" step to strengthen U.S. leadership in chip manufacturing and reduce reliance on foreign supply chains. President Donald Trump had previously targeted Intel with criticism, questioning the company's [...]
Netskope IPO Soars as $8.8B Cybersecurity Firm Highlights Growth - 📅 - Cybersecurity company Netskope has made a strong entrance to public markets, with its shares climbing sharply after debuting on Nasdaq. Trading under the ticker NTSK, the stock closed its first day at $22.42, about 18% above its initial public offering price of $19 per share.
Momentum continued into Friday, with shares moving around $24, valuing the company at roughly $8.8 billion. Netskope raised more than $908 million in the deal by selling 47.8 million shares at the top end of its expected range.
Chief Executive Sanjay Beri told Yahoo! Finance that going public should strengthen Netskope's reputation and boost awareness with enterprise customers. The company enters the market in a [...]
Momentum continued into Friday, with shares moving around $24, valuing the company at roughly $8.8 billion. Netskope raised more than $908 million in the deal by selling 47.8 million shares at the top end of its expected range.
Chief Executive Sanjay Beri told Yahoo! Finance that going public should strengthen Netskope's reputation and boost awareness with enterprise customers. The company enters the market in a [...]