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WHTop → 📋 News → IPronics Raises 20M to Advance AI Data Center Networking
Feb, 2025 : iPronics Raises 20M to Advance AI Data Center Networking
📅 - Software-defined photonic engine company iPronics has revealed a 20M series A. With this investment, iPronics Optical Networking Engine (ONE) will be deployed in AI data centers more quickly, allowing for high-bandwidth, scalable, and quick connectivity for AI that uses less energy.
This financing would represent an important turning point for iPronics, confirming the technology's potential to revolutionize the data center industry. Triatomic Capital is the primary investor in this deal, with Fine Structure Ventures, Bosch Ventures, Amadeus Capital Partners, and Criteria Venture Tech also participating. "With fast optical interconnects, iPronics technology will enable larger GPU domains, [...][... Check source for end of article ...]
📅 - Microsoft, CoreWeave Join NJ AI Hub to Boost AI Innovation - The NJ AI Hubhas gained significant momentum with Microsoft and CoreWeave joining as founding partners. Launched last winter by Governor Phil Murphy and Princeton University President Christopher L. Eisgruber, the initiative aims to position New Jersey at the forefront of artificial intelligence innovation and economic development.
The announcement underscores the state's commitment to fostering collaboration between government, academia, and industry to drive AI-driven research, commercialization, and workforce development.
The NJ AI Summit, held in April last year, brought together more than 600 leaders from government, business, and academia to define New Jersey's role in AI's future. [...]
📅 - Equinix Employs Heat Recovery Initiative in Amsterdam Area - Global data center colocation provider Equinixhas inked a statement of intent with the Municipality of Diemen in the Amsterdam area to investigate the possibility of residual heat exchange from its AM4 data center located in Science Park, Amsterdam, within a year. This program demonstrates Equinix's continued dedication to using its infrastructure to help local sustainability objectives and the shift to a more environmentally friendly future.
The agreement with the Municipality of Diemen is part of a larger initiative to reuse excess heat from data center operations to lower carbon emissions. The partnership will look into the viability of incorporating leftover heat into a district [...]
📅 - Oracle and Google Cloud Expand Database Services Globally - Oracle and Google Cloud have announced an expansion of Oracle Database@Google Cloud, with plans to introduce the service in eight additional regions over the next year. This initiative aims to enhance flexibility, improve resilience, and reduce costs for enterprises migrating mission-critical workloads to a multicloud environment.
Alongside the regional expansion, the partnership introduces advanced features, including cross-region disaster recovery for Oracle Autonomous Database Serverless and single-node dedicated infrastructure options for Oracle Exadata Database Service.
The upcoming regional availability includes U.S. Central 1 (Iowa), North America-Northeast 1 (Montreal), North [...]
📅 - Yondr Group Breaks Ground on 27MW Toronto Data Center - Yondr Group, a multinational developer, owner, and operator of hyperscale data centers, has kicked off construction on its 27MW Toronto data center with a groundbreaking ceremony. Located on a 4.5-acre plot of land, the property is Yondr's first Canadian venture.
It contributes to Yondr's worldwide growth as the company keeps delivering dependable and robust data center capacity quickly and in large quantities, with projects in North America, Europe, and Asia already finished or in the works.
Following the completion of the company's 48MW data center project in Northern Virginia and the first ready for service (RFS) milestone for the company's 40MW Frankfurt data center in November, the [...]
📅 - Digital Realty and EXA Strengthen Crete as a Connectivity Hub - As part of this collaboration, Digital Realty is building HER1, its first data center in Crete. Expected to go live in early 2025 with an initial capacity of 1 MW, HER1 will be the islands first carrier-neutral facility, enabling interconnection for international and regional subsea cables. This will fill a crucial connectivity gap and reinforce Greeces position as a major hub for data traffic across Southern and Eastern Europe.
HER1 will leverage EXAs extensive network to improve connectivity between Eastern and Western Mediterranean markets. With diverse subsea and terrestrial routes linking Crete to Athens and key European hubs like Zagreb and Vienna, EXA will provide critical [...]
📅 - Micro Data Center Market to Reach $33B by 2033 - Theglobal micro data center marketis experiencing rapid growth, fueled by the rising adoption of edge computing, IoT, and real-time analytics. With a projected compound annual growth rate (CAGR) of 20.0%, the market is expected to grow from USD 6.4 billion in 2024 to USD 33.0 billion by 2033, according to Dimension Market Research.
These compact, modular data centers are increasingly being deployed to support sectors requiring localized data processing, including healthcare, retail, and telecommunications.
As businesses generate and process vast amounts of data in real time, micro data centers play a pivotal role in decentralizing IT operations. Their ability to support AI-driven [...]