Sumo Logic Expands Global Presence with New AWS Deployment in Seoul

📅 Oct 1, 2024 - Verizon Sells 6,339 Towers to Vertical Bridge in $3.3B Deal to Boost 5G Expansion - Verizon Communications and Vertical Bridgehave reached a definitive agreement in a landmark deal valued at approximately $3.3 billion. The transaction grants Vertical Bridge the exclusive rights to lease, operate, and manage 6,339 wireless communication towers owned by Verizon subsidiaries, spanning all 50 U.S. states and Washington, D.C. The deal is structured as a prepaid lease, providing Verizon with upfront cash proceeds of around $2.8 billion.

Under the terms of the agreement, Verizon will lease back space on the towers as an anchor tenant through a 10-year agreement with the possibility of extending the lease for up to 50 years. This arrangement also includes provisions for Verizon [...]

📅 Sep 30, 2024 - Critical NVIDIA AI Vulnerability Found, Patch Released for Cloud Protection - NVIDIAs popular GPU Container Toolkit has been found to contain a critical security flaw, identified as CVE-2024-0132, that potentially affects more than 35% of cloud environments, according to a report by Wiz Research. This vulnerability poses a substantial risk to both on-premises and cloud-based AI applications that rely onNVIDIAs toolkit to enableGPUaccess in containerized environments.

If exploited, the flaw allows an attacker to escape from a container and gain full access to the underlying host system, potentially compromising the entire infrastructure.

The vulnerability, which was disclosed to NVIDIA on September 1, 2024, is categorized as a container-escape flaw, a type of [...]

📅 Sep 30, 2024 - ColoBarn Chooses IvedaAI to Enhance Data Center Security Across US Regions - ColoBarn, a company offering colocation services in Arizona and Florida, has chosen to enhance the physical security of its data centers using Iveda's cutting-edge AI technology. ColoBarn says it is reaffirming its commitment to maintaining and improving its security standards with this strategic collaboration.

ColoBarn is using IvedaAI to apply various AI analytics, including as face recognition, license plate identification, intruder detection, and more, to external cameras for all-encompassing security management. Real-time notifications from IvedaAIwould help improve access control for ColoBarn employees and end users alike.

According to estimations, the worldwide data center [...]

📅 Oct 1, 2024 - Apono Raises $15.5M to Boost AI-Driven Cloud Access Management - Apono, a prominent provider of cloud-based privileged access management solutions, has successfully concluded its Series A investment round, raising $15.5 million. The funding round was led by New Era Capital Partners, with additional participation from Mindset Ventures, Redseed Ventures, Silvertech Ventures, and early seed investors.

This round marks a significant milestone for Apono, bringing its total funding to $20.5 million - a testament to the confidence investors have in the company's potential and the growing demand for secure, scalable access management in cloud environments.

Aponos primary mission is to offer AI-powered, secure, and innovative solutions that enable businesses [...]

📅 Oct 1, 2024 - Germany Inaugurates IBMs First European Quantum Data Center - The municipality of Ehningen in southwest Germany has been chosen by the multinational IT conglomerate IBM to house its second quantum computing data center globally. German Chancellor Olaf Scholz said during the opening event that Germany has made over EUR 2 billion in investments in quantum computing.

At the inauguration event, German Chancellor Olaf Scholz highlighted the country's commitment to quantum technology, noting that Germany has invested over EUR 2 billion into quantum computing initiatives. "There is a great deal of capacity and willingness to use these facilities for research," said Olaf Scholz, emphasizing the strength of Germanys education system in fostering necessary [...]

📅 Oct 2, 2024 - Equinix Forms $15B Joint Venture to Expand xScale Facilities in the U.S. - Equinix has announced a significant joint venture (JV) agreement with GIC and CPP Investments, aiming to raise over $15 billion in capital to expand its xScale hyperscale data center portfolio. This new initiative is expected to dramatically scaleEquinix's data center capacity to support hyperscale companies, such as major cloud service providers, and to meet the growing demand driven by advancements in artificial intelligence (AI) and cloud computing.

The deal is structured as a limited liability partnership, with Equinix holding a 25% equity stake and GIC and CPP Investments each controlling 37.5%. The agreement is subject to regulatory approvals, anticipated to be completed by the [...]