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WHTop → 📋 News → Lumen Finalizes $5.75B Sale of Quantum Fiber Business to AT&T
Lumen Finalizes $5.75B Sale of Quantum Fiber Business to AT&T
📅 - Lumen Technologies has completed the $5.75 billion sale of its Mass Markets fiber-to-the-home (FTTH) business, which includes Quantum Fiber, to AT&T. The cash deal - subject to working capital and purchase price adjustments - covers operations in 11 U.S. states and marks a pivotal moment in Lumen's ongoing transformation into a next-generation enterprise digital networking provider.
The agreement transfers more than four million fiber enablements and nearly one million Quantum Fiber customers to AT&T as of March 31, 2025. According to Lumen's Q1 2025 metrics, these accounts contribute over $750 million in annual revenue. With the sale finalized, Lumen intends to significantly refocus on [...][... Check source for end of article ...]
📅 - Broadcom Unveils 200G Co-Packaged Optics Tech (200G/lane) - Broadcom's CPO platform readiness is further shown by a growing number of publicly disclosed industry partners, which enables AI scale-out and scale-up applications for significant AI deployments. The Legacy of Broadcom in CPO With its first-generation Tomahawk 4-Humboldt chipset, which enabled an early learning loop across the whole CPO supply chain, far ahead of the industry, Broadcom established its leadership in CPO in 2021. High-density integrated optical engines, edge coupling, and detachable fiber connections were among the significant improvements brought forth by this trailblazing chipset.
The second-generation Tomahawk 5-Bailly (TH5-Bailly) chipset built on that success to [...]
📅 - WhiteFiber Taps DriveNets for Iceland GPUaaS Data Center - WhiteFiber, a fast-growing provider of GPU-as-a-Service (GPUaaS) solutions, has announced the successful deployment of DriveNets Network Cloud-AI as the core networking infrastructure for its newly launched AI-focused data center in Iceland. The installation supports both GPU-to-GPU backend connectivity and GPU-to-storage networking, forming the backbone of WhiteFiber's high-performance, scalable GPU cloud offering.
As demand for GPUaaS continues to rise, particularly in AI development, training, and inference workloads, the need for efficient and high-throughput networking infrastructure has become critical. WhiteFiber selected DriveNets for its low latency, scalable architecture, and [...]
📅 - Cognizant Open-Sources AI Tool to Accelerate Innovation - Cognizant has announced the public release of its Neuro AI Multi-Agent Accelerator, an open-source software tool designed to accelerate the development and deployment of multi-agent systems. This release marks a significant milestone in the growing field of agentic AI, enabling researchers, developers, and domain experts to create and test networks of intelligent agents across a wide range of business and scientific applications.
The open-source nature of the accelerator allows users to begin building and experimenting with AI agent networks immediately. Designed to support real-time decision-making and adaptive operations, the tool promotes collaborative development and customization of [...]
📅 - CoreWeave Joins Aston Martin Aramco as AI Cloud Partner in Formula 1 - CoreWeave, a prominent AI cloud infrastructure provider, has announced a multi-year partnership with Aston Martin Aramco, becoming the Formula 1 team's Official AI Cloud Computing Partner. The collaboration represents a significant move to integrate AI-powered computing into elite motorsport engineering, reflecting the growing role of cloud-native platforms in high-performance industries.
As part of the agreement, Aston Martin Aramco will shift from traditional on-premises computing to CoreWeave's scalable cloud environment. This transition is expected to enhance the team's ability to process complex simulations, reduce design cycle times, and unlock AI-driven engineering insights. [...]
📅 - JetCool Unveils Liquid Cooling Cutting IT Power by 15% - JetCool, a Flex (NASDAQ: FLEX) firm that specializes in direct-to-chip liquid cooling for AI and high-density computing, has announced that some Dell PowerEdge systems now offer its next-generation SmartPlate System, a self-contained liquid cooling solutionJetCool, a Flex (NASDAQ: FLEX) firm that specializes in direct-to-chip liquid cooling for AI and high-density computing, has announced that some Dell PowerEdge systems now offer its next-generation SmartPlate System, a self-contained liquid cooling solution.
The SmartPlate System from JetCool is a completely sealed, direct-to-chip liquid cooling system that boosts performance and efficiency right away without requiring any [...]
📅 - OVHcloud Opens First Data Center in Italy, Boosts Global Growth - OVHcloud, Europe's leading cloud provider and a growing force in the global cloud infrastructure market, has announced the opening of its first data center in Italy. Located in the Milan area, the facility marks a major step in the company's strategic expansion across Southern Europe and is the 44th data center in its global network.
This new facility establishes OVHcloud's presence in Italy and supports the company's broader effort to scale its European and international infrastructure. With the Milan site, OVHcloud now operates 26 data centers across Europe, reinforcing its goal to offer sovereign, secure, and compliant cloud services that adhere to regional data protection [...]
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