Quantum Industries Raises $10M for Quantum-Secure Communications
📅 - Quantum Industries (QI), an Austrian company specializing in quantum-secure communications for critical infrastructure, has secured $10 million in new funding following the successful completion of its seed fundraising round. The investment will support the commercialization of QIs quantum key distribution (eQKD) technology, which is designed to safeguard communications networks from cyber threats and the future risks posed by quantum computing.
Cybercrime is projected to exceed $10 trillion in damages by 2025, with over half of all attacks targeting critical infrastructure. QI aims to mitigate these risks by advancing its quantum encryption technology, which leverages quantum [...][... Check source for end of article ...]
📅 - VIAVI Acquires Spirents Ethernet and Security Testing Unit for $410M - VIAVI Solutions has reached a definitive agreement to acquire the high-speed Ethernet and network security testing business of Spirent Communications from Keysight Technologies for a base cash consideration of $410 million, with an additional contingent payment of $15 million.
The transaction, which remains subject to regulatory approvals and standard closing conditions, is expected to be finalized in the second quarter of 2025, shortly after Keysight completes its acquisition of Spirent.
The acquisition would strengthen VIAVIs position in digital infrastructure, security, Ethernet, and artificial intelligence markets, while enhancing its Ethernet testing platform. By integrating [...]
📅 - Modine Secures $180M in AI Data Center Cooling Orders - Modine (NYSE: MOD), a global company specializing in thermal management technology, says it has received orders totaling $180 million for its Airedale by Modine data center cooling systems. According to the company, the orders were placed by a major developer of artificial intelligence (AI) infrastructure, marking a significant development in Modines expansion into high-performance computing environments.
Modine claims that its high-capacity cooling solutions are designed to support scalable, cost-effective, and energy-efficient AI data centers.
Modine states that the Airedale by Modine data center cooling products incorporate free-cooling technology and advanced control systems, which [...]
📅 - Sharon AI, New Era Helium Plan 250MW Net-Zero Data Center in Texas - Sharon AI and New Era Helium have taken a significant step toward developing a 250MW net-zero energy AI and high-performance computing (HPC) data center in Ector County, Texas. The two companies have signed a non-binding letter of intent (LOI) with GROW Odessa, an economic development organization, for the acquisition of a 200-acre site intended for the project.
Sharon AI, a high-performance computing company specializing in AI, cloud GPU compute infrastructure, and data storage, has joined forces with New Era Helium, a Nasdaq-listed exploration and production firm. The joint venture aims to develop a scalable, environmentally responsible data center leveraging Carbon Capture Utilization [...]
📅 - Datacenter United Completes Acquisition of Proximus Data Centers - Datacenter United has completed its acquisition of four Proximus data centers, reinforcing its position as Belgiums leading independent data center provider. This expansion increases the companys network to 13 locations across the country, enhancing its ability to deliver secure, scalable, and sustainable IT infrastructure to businesses.
The acquisition would support growing demand for colocation, hybrid cloud, and high-performance connectivity solutions. By expanding its footprint, Datacenter United aims to improve capacity, redundancy, and interconnectivity, ensuring reliable digital infrastructure for enterprises. With companies becoming more dependent on mission-critical IT [...]
📅 - HostColor Expands Its Edge Infrastructure Portfolio with High-Bandwidth Servers - The new Intel-based configurations include Xeon Gold 6438Y+ CPUs, 512 GB of RAM, 21 terabytes of high-speed storage, and a mix of 15 SSDs and six NVMe drives, along with independent M.2 OS storage. These servers are optimized for Docker and Kubernetes environments, supporting a variety of Linux-based operating systems, including Ubuntu, RockyLinux, Debian 12, and RedHat. Businesses leveraging these servers gain access to 68 edge data centers across the United States and internationally, allowing for more efficient application deployment.
A key aspect of HostColor's infrastructure is its bandwidth policy, which allows unlimited data transfer with no egress fees, constrained only by the [...]
📅 - Anthropic Raises $3.5B, Hits $61.5B Valuation for AI Growth - Anthropic has secured $3.5 billion in its Series E funding round, elevating the artificial intelligence companys post-money valuation to $61.5 billion. The latest funding would enable Anthropicto enhance its research in mechanistic interpretability and AI alignment, expand computational resources, and develop next-generation AI models.
Additionally, the company plans to accelerate its global expansion, reinforcing its position as a leader in the AI industry.
The round was led by Lightspeed Venture Partners and included a mix of new and existing investors such as Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, [...]
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