45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
Menu
WHTop → 📋 News → TensorWave Secures $43M to Expand AI GPU Cloud and Launch New AI Platforms
TensorWave Secures $43M to Expand AI GPU Cloud and Launch New [...]
TensorWave Secures $43M to Expand AI GPU Cloud and Launch New AI Platforms
📅 - Photo: TensorWave co-founders left to right: Jeff Tatarchuk, CGO, Darrick Horton, CEO and Piotr Tomasik, COO. TensorWave is a cutting-edge cloud platform designed specifically for AI workloads, offering AMD MI300X accelerators and a best-in-class inference engine.
TensorWave, an AI GPU cloud platform, has closed a $43 million SAFE fundraising round, marking the largestSAFE financingfor a Nevada-based company to date. The funding would enable TensorWave to expand its infrastructure significantly by deploying hundreds of AMD Instinct MI300X GPUs at its primary data center, boosting its computational capacity to meet growing AI demands.
The company also plans to launch a new inference [...][... Check source for end of article ...]
Tags: Cloud Hosting
Reads: 224 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: URL source: https://hostingjournalist.com/news/tensorwave-secures-43m-to-expand-ai-gpu-cloud-and-launch-new-ai-platforms Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Other news
📅 - OTAVA, Multi-cloud Solution Provider, Announces S.E.C.U.R.E. Score - The S.E.C.U.R.E. Score is a dynamic metric that assesses vulnerabilities, and makes recommendations on how to close security gaps and minimize risk. The S.E.C.U.R.E. acronym stands for Shrink, Examine, Contain, Undo, Recover, and Evaluate the incremental steps to understanding areas of vulnerability, and how to protect businesses from evolving and escalating cyber threats.
"Businesses continue to face increasing threats of cyber attacks across every aspect of their IT environments. Continually enhancing security posture and striving to protect against these ever-changing attack vectors is a top priority for IT leaders," said Brian Hoekelman, Vice President of Product and Business [...]
📅 - U.S. Adopts Neutral IXs to Meet Rising AI, Cloud, and Connectivity Demands - With 80% of all Internet Exchanges (IXs)in the area being data center and carrier neutral, the US is gradually moving toward a data center and carrier neutral architecture to accommodate future AI and cloud-based applications. This is supported by a recent independent analysis that Dstream Group carried out on behalf of the international Internet exchange operator, DE-CIX.
According to the report, the U.S. has seen record-high net absorption of data center capacity, a clear indicator that the surge in generative AI is having a broad impact. The findings provide detailed forecasts for the future of the U.S. interconnection landscape while shedding light on the recent changes that have [...]
📅 - Global Real Estate Funds Increasingly Targeting Data Center Investments - Real estate fund managers globally are increasingly focusing ondata centersas other asset classes - like offices and retail - face more difficult circumstances. With a combined target size of over $50 billion, more than 50 real estate firms are aggressively pursuing exposure to data centers via capital raising on a global scale.
Forty percent of this total cash is being obtained expressly for data center investments, according to a study by international law firm Linklaters.
Over the last few years, there has been a steady growth in the number of real estate funds formed with an emphasis on data centers; in 2023, a record amount was raised. The amount of money devoted just to data [...]
📅 - New Hyperview DCIM: For Sustainable Data Center Management - Hyperview, a global provider of cloud-baseddata center infrastructuremanagement (DCIM) solutions, has launched a suite of new features designed to enhance data center management, with a strong emphasis on sustainability and precise carbon footprint assessment. The latest release introduces an advanced carbon reporting system that goes beyond traditional location-based methods by offering detailed insights at both the location and rack levels.
Future updates will expand this capability to include asset-level carbon footprint reporting, providing even more granular analysis. This phased approach aims to enable more informed decision-making, setting a new standard for sustainability [...]
📅 - Circle B, Submer, Stellium Partner to Boost OCP Immersion Cooling Tech - Submer, Stellium Data Centers, and OCP solutions provider Circle B have collaborated on a strategic initiative to integrate Submer's immersion cooling technology into Stelliums UK data center infrastructure. The project follows the Open Compute Project (OCP) guidelines, aiming to enhance data center performance and energy efficiency through a more sustainable architecture.
This proof-of-concept deployment seeks to demonstrate the benefits of immersion cooling technology in practical applications while aligning with the principles of the OCP, which promotes hyperscale-like openness and innovation in data center design.
Submer, known for its commitment to sustainability, views this [...]
📅 - New Funding Enables DC BLOX to Deploy over $1B of Total Capital - DC BLOX, a data center colocation provider focused on the Southeastern United States, has secured additional funding as it aims to expand its capabilities and market presence. This financial boost will allow DC BLOX to deploy over $1 billion in capital for future projects, strengthening its position as a hyperscale-ready data center platform. In addition to the equity funding, DC BLOX has secured a $265 million green Senior Secured Credit Facilities loan (SSCF).
The data center colocation company raised incremental equity capital through investments led by Post Road Group and Bain Capital Credit, with participation from both existing and new investors.