AI Startup Thinking Machines Raises $2B, Hits $10B Valuation
📅 - A six-month-old artificial intelligence startup, Thinking Machines Lab, has secured $2 billion in funding, pushing its valuation to $10 billion, despite having no product, revenue, or publicly announced roadmap. The funding round, led by Andreessen Horowitz and backed by Conviction Partners and other prominent venture capital firms, marks one of the largest early-stage financings in Silicon Valley history.
Murati's role in the development of ChatGPT and GPT-4 at OpenAI has made her a high-profile figure in AI.Founded by Mira Murati, the former Chief Technology Officer of OpenAI, Thinking Machines has remained in stealth mode since its inception. The company is reportedly building [...][... Check source for end of article ...]
📅 - Arelion Expands Nordic Network for AI Growth - Arelion has announced a major infrastructure expansion in Scandinavia, upgrading its network to deliver 1.6 Tb/s wavelength capacity and scalable 400G coherent pluggable optics. The initiative aims to connect hyperscale data centers and meet the region's growing demand for cloud and artificial intelligence (AI) services, placing Arelion at the forefront of Europe's next-generation network evolution.
The company, formerly known as Telia Carrier, is leveraging Ciena's open 6500 Reconfigurable Line System (RLS) to enhance its Tier-1 backbone linking key Nordic cities - Oslo, Stockholm, and Copenhagen. This upgraded network not only supports high-performance cloud and AI workloads but also [...]
📅 - Colt DCS Cuts Emissions 32%, Boosts Renewable Energy Use to 90% - Colt Data Centre Services (Colt DCS), a global provider of enterprise and hyperscale data center solutions, has reported a 32% reduction in absolute greenhouse gas emissions across Scopes 1, 2, and 3 compared to its 2019 baseline. The disclosure comes as part of the company's third annual sustainability report.
The latest sustainability report also reveals that Colt DCS sourced 90% of its electricity from renewable sources across its global operations in 2024 - an 8% increase over the previous year.
The UK-headquartered firm, which currently operates 13 data centers across Europe and Asia with 19 more under development, has continued its expansion into high-demand markets. Major projects [...]
📅 - Vultr Secures $255M to Expand Global AI and Cloud Infrastructure - In addition to $74 million in recently closed lease financing, Vultr, one of the biggest privately held cloud infrastructure companies in the world, announced the closing of a $255 million syndicated credit facility. With the extra funding, Vultr intends to further establish its dominance in the market for independent cloud providers by extending its worldwide presence in artificial intelligence (AI) and cloud computing infrastructure to cater to its fast-expanding clientele.
The new funding includes a $35 million uncommitted agreement. J.P. Morgan, Bank of America, and Wells Fargo spearheaded the syndicated lending facility, with Citi, Goldman Sachs, and KeyBank joining in.
The [...]
📅 - WPFactory Acquires WooBeWoo Expanding Their Portfolio - WooBeWoo, or WBW in short, is one of the successful businesses in the WordPress plugin ecosystem, known for offering some of the most reliable plugins focused on product display and filtering tools for WooCommerce.
With their tools, WPFactory strengthened its position as a one stop solution for WooCommerce store owners.
This acquisition comes as another complementary step of WPFactory's long-term vision to integrate its plugin offerings, ensuring all WordPress and WooCommerce users have access to the full range of the tools they need in one unified ecosystem.
This reflects WPFactory's ongoing commitment to expanding their tools to include all solutions, from store management, [...]
📅 - Broadcom Unveils VMware Cloud Foundation 9.0 for Private Cloud and AI - Broadcom has officially launched VMware Cloud Foundation (VCF) 9.0, marking a major milestone in private cloud infrastructure with one of the most comprehensive updates to its platform to date. The release is now generally available, offering enterprises a unified cloud operating model that spans on-premises data centers, edge locations, and hyperscaler-managed infrastructure.
Designed to integrate the performance and control of private infrastructure with the agility and scalability of the public cloud, VCF 9.0 positions itself as a cornerstone for modern application environments, including AI, traditional enterprise software, and cloud-native development.
The need for online user trust and data protection has never been greater. SSL, also known as TLS (Transport Layer Security), encrypts the data transferred over the connection between a website and its visitors' browsers. This keeps sensitive data - like passwords, personal information, and payment details - safe from prying eyes. But it's not just about security: having an SSL certificate activates the padlock icon and "https" in a browser's address bar, instantly signaling that a website is trustworthy.
Beyond security, SSL certificates play an important role in Search Engine Optimization (SEO). As a confirmed Google ranking factor, having an SSL can positively [...]
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