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WHTop → 📋 News → Germany Inaugurates IBMs First European Quantum Data Center
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 [...][... Check source for end of article ...]
📅 - 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 [...]
📅 - Sumo Logic Expands Global Presence with New AWS Deployment in Seoul - SaaS-based log analytics platform Sumo Logic has announced its entry into the South Korean market through the launch of a new AWS Availability Zone in Seoul. This expansion enables businesses and existing clients in South Korea to leverage Sumo Logics cloud-native log analytics platform to enhance DevSecOps operations.
By partnering with Amazon Web Services (AWS), the deployment would meet the growing demand for data localization and compliance with South Koreas stringent data protection regulations.
The expansion would underscore the importance of cloud-native log analytics in today's digital landscape, where businesses must navigate complex data residency laws and ensure compliance [...]
📅 - 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 [...]
📅 - 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 [...]
📅 - Oracle Invests $6.5B to Debut Public Cloud Region in Malaysia for AI Growth - Oracle has announced a major investment of over US$6.5 billion to establish a public cloud region in Malaysia, signaling its commitment to meet the growing demand for artificial intelligence (AI)and cloud services in the country. This strategic move will enable Oracles clients and partners in Malaysia to migrate mission-critical workloads to Oracle Cloud Infrastructure (OCI) and access AI infrastructure, marking a significant step in the nations digital evolution.
With the upcoming cloud region, Malaysian organizations will gain access to advanced data, analytics, and AI capabilities. These tools will support companies in modernizing their applications and migrating various workloads to [...]
📅 - Cloud Backup Startup Eon Exits Stealth Mode with $127M Funding - Next-generation cloud backup provider, Eon, has emerged from stealth mode after securing $127 million in capital. The company aims to transform cloud backup management by introducing cloud backup posture management (CBPM) and resource sprawl monitoring.
Eons technology replaces traditional backup methods with an automated and manageable system, positioning backups as dynamic assets for enterprises. This innovation marks the company's bid to lead the future of cloud infrastructure management.
Eon was founded by the team behind CloudEndure, a cloud disaster recovery and migration platform acquired by Amazon in 2019. Co-founders Ofir Ehrlich, Gonen Stein, and Ron Kimchi were instrumental in [...]
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