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WHTop → 📋 News → CoreWeave Secures $10M from Stack Capital for AI Cloud Expansion
CoreWeave Secures $10M from Stack Capital for AI Cloud Expansion
📅 - CoreWeave, a cloud-based AI infrastructure company specializing in GPU-accelerated data centers, has secured a $10 million investment from Stack Capital Group. CoreWeave would be in a good position to keep profiting from the growing demand for AI compute power and infrastructure throughout the world.
The investment would underscore CoreWeaves growing role in the high-performance computing market, where it provides scalable solutions for AI enterprises and other industries requiring advanced processing capabilities.
With a focus on high-compute workloads, CoreWeave offers infrastructure that enables businesses to execute complex computing tasks efficiently without the need for substantial [...][... Check source for end of article ...]
📅 - GlobalConnect Completes Phase 1 of Nordic Wave Subsea Cable - GlobalConnect has successfully completed the first phase of the Nordic Wave project, an EU-backed initiative aimed at strengthening the digital infrastructure of the Nordic region. By upgrading existing fiber networks, the project enhances high-capacity data transmission and resilience between Northern and Central Europe, supporting economic growth, innovation, and security.
The first phase of the project, spanning the route from Stockholm to Lule, leverages the existing subsea fiber backbone to deliver up to 27 terabits per second of data capacity. This upgrade would significantly improve connectivity, supporting millions of simultaneous high-definition video streams or large-scale [...]
📅 - Lumos Expands to Georgia with 5,000-Mile Fiber Network - Lumos, a provider of 100% fiber-optic Internet, has announced its expansion into Georgia with a significant infrastructure investment. The company will construct 5,000 miles of fiber-optic network across the state, marking its entry into its ninth operational territory. This development aims to provide high-speed Internet access to more than 320,000 businesses and homes across several Georgia towns, bridging the digital divide in underserved communities.
Lumos CEO Brian Stading emphasized the broader impact of this expansion, highlighting the role of high-speed connectivity in economic growth, education, and innovation. He stated that Lumos' fully fiber-optic technology, which offers [...]
📅 - Lonestar Advances Lunar Data Storage with In-Space Operations - In a landmark achievement for space-based data infrastructure, Lonestar Data Holdings has completed a successful commercial test of its first-ever lunar data center while en route to the Moon. This milestone would mark a significant step toward establishing resilient off-Earth data storage, offering an additional layer of security and redundancy for critical information.
The Freedom data center payload, developed by Lonestar, has already entered lunar orbit and is now approaching its final destination aboard Intuitive Machines' **Athena** Lunar Lander. Launched on February 26, the payload has traveled over 300,000 kilometers and undergone extensive testing in CisLunar orbit - an [...]
📅 - CrowdStrike and Arrow Sign Cybersecurity Distribution Deal for US/Canada - CrowdStrike and Arrow Electronics have entered a distribution agreement aimed at accelerating cybersecurity transformation across North America. This collaboration will enable Arrows channel partners in the United States and Canada to integrate the CrowdStrike Falcon platform into their cybersecurity offerings, enhancing security postures and streamlining security operations for businesses of all sizes.
Through this agreement, Arrows extensive network of resellers, cloud service providers, managed service providers, and managed security service providers will gain access to CrowdStrikes AI-native cybersecurity technology. The partnership would strengthen CrowdStrikes partner-first [...]
📅 - Rubrik Unveils New Cyber Resilience Innovations for Cloud, SaaS, and On-Prem - "We won't stop inventing, and neither will cybercriminals. Regardless of where the data resides, our first concern is ensuring that it is secure, safe, and appropriately accessible for our customers," stated Arvind Nithrakashyap, Chief Technology Officer and Co-Founder of Rubrik. "To help our customers better detect compromised data, speed up the process of identifying affected data, and speed up the discovery of clean entry points, we are seamlessly integrating new technologies across the world's major cloud platforms, SaaS offerings, and on-premises."
Business-critical activities are being widely re-platformed due to growing cloud usage and recent hypervisor industry consolidation. By [...]
📅 - Red Hat and Axiom Space to Launch Orbital Data Center on ISS in 2025 - Red Hat and Axiom Space are partnering to advance space-based computing with the launch of Axiom Spaces Data Center Unit-1, AxDCU-1, to the International Space Station (ISS) in the spring of 2025. This initiative aims to demonstrate the first Orbital Data Center capabilities, leveraging Red Hats Device Edge platform to process data directly in orbit.
The collaboration would enable real-time computing closer to data sources such as spacecraft and satellites, reducing reliance on Earth-based data centers. The project will test applications in data fusion, cloud computing, artificial intelligence and machine learning, and space cybersecurity. By integrating cloud-native processing into space [...]
