NewsHosting news - 08 Apr 2025 - Listing Page: 249
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i2Coalition Partners with HostingJournalist to Amplify Member Advocacy - 📅 - Photo: This collaboration with media partner HostingJournalist Magazine will strengthen the advocacy of our members and our collective voice in the industry, says Christian Dawson (right), co-founder and Executive Director of the North American internet infrastructure industry organization i2Coalition, in the photo at CloudFest 2025, together with HostingJournalist editor-in-chief Koen Stegeman (left).
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The Internet Infrastructure Coalition (i2Coalition) has announced a strategic partnership with HostingJournalist.com. This collaboration provides i2Coalition and its 85+ members direct access to HostingJournalist.coms Insider self-publishing platform, enabling [...]
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The Internet Infrastructure Coalition (i2Coalition) has announced a strategic partnership with HostingJournalist.com. This collaboration provides i2Coalition and its 85+ members direct access to HostingJournalist.coms Insider self-publishing platform, enabling [...]
Rescale Raises $115M for AI Engineering Innovation - 📅 - Listen to an audio summary
Rescale, a digital engineering platform focused on accelerating innovation and scientific discovery, has secured $115 million in a Series D funding round, bringing its total funding to over $260 million. The new capital will be used to further develop Rescales platform across several key areas.
It includes the rollout of additional high-performance computing workflows and technologies, expanding its AI-native capabilities such as automated data tagging and model search, and enhancing security compliance, especially for government and defense customers.
Rescale also plans to grow its ecosystem of more than 1,250 specialized engineering applications and extend [...]
Rescale, a digital engineering platform focused on accelerating innovation and scientific discovery, has secured $115 million in a Series D funding round, bringing its total funding to over $260 million. The new capital will be used to further develop Rescales platform across several key areas.
It includes the rollout of additional high-performance computing workflows and technologies, expanding its AI-native capabilities such as automated data tagging and model search, and enhancing security compliance, especially for government and defense customers.
Rescale also plans to grow its ecosystem of more than 1,250 specialized engineering applications and extend [...]
Zultys announced the debut of its Hardware as a Service (HaaS) product - 📅 - HaaS is a premise-based deployment that may be offered as a fully hybrid unified communications solution or only using premise hardware. By offering business phone services and fixed per-user, per-month pricing, it mimics the conventional UCaaS delivery model and provides clients with a flexible substitute for significant capital investments.
HaaS customers may enjoy the complete control of an on-premise system with the agility of the cloud thanks to Zultys' unique offering of the same product, interface, and user experience across all deployment types. Customers may now get a high-performance, enterprise-grade business communication solution, including phones and PBX equipment, via a [...]
HaaS customers may enjoy the complete control of an on-premise system with the agility of the cloud thanks to Zultys' unique offering of the same product, interface, and user experience across all deployment types. Customers may now get a high-performance, enterprise-grade business communication solution, including phones and PBX equipment, via a [...]
Lumai Raises $10M for Optical AI Tech to Power Greener Data Centers - 📅 - Listen to the audio summary
Lumai, a spinout from the University of Oxford, has announced a funding round of more than $10 million to advance its pioneering opticalAI accelerator technology. The capital injection will be used to expand Lumais presence in the U.S., triple the size of its team, and accelerate product development.
The companys core innovation lies in its approach to optical computing - using light instead of electrons to carry out the complex matrix multiplications at the heart of AI processing. This method promises to reduce energy consumption dramatically, a critical advantage as the data center industry braces for massive growth and rising energy demands.
The round was [...]
Lumai, a spinout from the University of Oxford, has announced a funding round of more than $10 million to advance its pioneering opticalAI accelerator technology. The capital injection will be used to expand Lumais presence in the U.S., triple the size of its team, and accelerate product development.
The companys core innovation lies in its approach to optical computing - using light instead of electrons to carry out the complex matrix multiplications at the heart of AI processing. This method promises to reduce energy consumption dramatically, a critical advantage as the data center industry braces for massive growth and rising energy demands.
The round was [...]
CFOs Prioritize Tech Investment Amid Growing Economic Uncertainty - 📅 - Finance leaders across the U.S. are shifting strategic priorities in 2025, placing renewed emphasis on technology investment despite a sharp drop in economic optimism, according to a new survey from Grant Thornton. The firms first quarterly CFO survey of the year revealed that just 47% of chief financial officers (CFOs) expressed optimism about the U.S. economy - a 21-point decline from the previous quarter and the lowest level in two and a half years.
This significant shift in sentiment is largely attributed to mounting concerns over tariffs, labor availability, and the evolving stance of the new U.S. administration on immigration enforcement. These factors have introduced greater [...]
This significant shift in sentiment is largely attributed to mounting concerns over tariffs, labor availability, and the evolving stance of the new U.S. administration on immigration enforcement. These factors have introduced greater [...]
The development comes as enterprises increasingly prioritize service-based consumption models, especially for critical workloads.
According to a recent IDC report, 80% of IT buyers are expected to prefer service-based models for key workloads by 2028. This trend is being driven by a confluence of factors including the need for improved operational [...]
Gigabit Fiber owns and operates more than 1,000 route miles of deep fiber and conduit systems in Dallas, Austin, San Antonio, El Paso, and South Texas. The extended lease reinforces a strategic alliance that has evolved over more than two decades.
The move signals continued investment in the regions digital infrastructure and deepens both companies' commitment to building a [...]
Legrand Acquires Computer Room Solutions (CRS) in Australia - 📅 - Legrand, a global specialist in electrical and digital building infrastructures, has announced its acquisition of Computer Room Solutions (CRS), marking another step in its ongoing bolt-on acquisition strategy. The move is aimed at strengtheningLegrands footprint in the high-growth data center market, particularly in the Oceania region.
With its headquarters in Mascot, Sydney, CRS is a well-known supplier of mission-critical infrastructure solutions for high-density IT settings, including data centers. About 80 specialists work for the organization, which generates about 30 million in sales annually. CRS offers highly designed solutions that meet the changing demands of business, cloud, [...]
With its headquarters in Mascot, Sydney, CRS is a well-known supplier of mission-critical infrastructure solutions for high-density IT settings, including data centers. About 80 specialists work for the organization, which generates about 30 million in sales annually. CRS offers highly designed solutions that meet the changing demands of business, cloud, [...]
Voltage Park Acquires TensorDock to Expand GPU Cloud Services - 📅 - Voltage Park, a provider of scalable GPU-as-a-service (GPUaaS) solutions, has announced the acquisition of TensorDock, a fast-growing GPU cloud marketplace. The move is part of Voltage Parks strategic effort to expand its AI infrastructure footprint and deliver more accessible and flexible computing power to developers, researchers, and enterprises in the artificial intelligence sector.
The acquisition aligns with Voltage Parks mission to democratize access to high-performance AI infrastructure. By integrating TensorDocks marketplace into its offerings, Voltage Park aims to deliver a broader and more cost-effective range of GPU solutions. The expanded platform will now cater to users [...]
The acquisition aligns with Voltage Parks mission to democratize access to high-performance AI infrastructure. By integrating TensorDocks marketplace into its offerings, Voltage Park aims to deliver a broader and more cost-effective range of GPU solutions. The expanded platform will now cater to users [...]
GCX Rebrands as FLAG to Drive Subsea Fiber Expansion - 📅 - Global Cloud Xchange (GCX), operator of subsea cable systems and data centers, has officially rebranded as FLAG in a strategic move aimed at driving the companys next phase of global growth. The rebranding would reflect FLAGs renewed focus on expanding its subsea fiber infrastructure and meeting evolving customer and market demands across an increasingly interconnected digital landscape.
With one of the worlds largest privately owned subsea fiber networks, FLAG is positioning itself to play a more prominent role in the global telecommunications ecosystem. The company aims to accelerate investments in new infrastructure and strategic partnerships to support the growing need for [...]
With one of the worlds largest privately owned subsea fiber networks, FLAG is positioning itself to play a more prominent role in the global telecommunications ecosystem. The company aims to accelerate investments in new infrastructure and strategic partnerships to support the growing need for [...]