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WHTop → 📋 News → Intel to Spin Off Network and Edge Group as Independent Silicon Firm
Intel to Spin Off Network and Edge Group as Independent Silicon Firm
📅 - Intel has announced plans to spin off its Network and Edge Group (NEX) into a separate, independent company, as the semiconductor giant intensifies its strategic shift toward core operations and artificial intelligence.
The news, shared with customers on Thursday via a letter authored by Sachin Katti - head of the NEX unit and Intel's recently appointed Chief Technology and AI Officer - marks another step in Intel's broader plan to streamline operations and seek growth opportunities through focused, standalone businesses.
The new entity will be dedicated to delivering silicon solutions for enterprise networking, Ethernet connectivity, and critical communications infrastructure. According [...][... Check source for end of article ...]
📅 - Scala Secures $328M to Construct New Hyperscale Data Centers in Chile - Scala Data Centers has closed a $328 million international financing agreement to support the construction of three new hyperscale data centers and a major power substation in Chile, marking a milestone both for the company and the Latin American data center industry. The funding includes $254 million in long-term project finance and a VAT facility, making it the largest single-country data center financing deal in Latin America to date.
The financing was led by a consortium of global banking institutions - MUFG, SMBC, BNP Paribas, and Natixis - with MUFG also serving as Scala's financial advisor. The agreement represents Scala's first structured international financing outside Brazil and [...]
📅 - Creative Canvas Named Top Iowa Web Design Agency in 2025 Small Business Awards - The award was based on work completed for small businesses throughout Iowa, many of which were built using the WordPress platform. Websites developed by Creative Canvas were noted for their usability, design clarity, and reliable functionality. Businesses that partnered with the studio reported greater ease managing content and improved engagement with customers.
Creative Canvas has worked with clients from a wide range of industries, from local trades and service providers to nonprofits and retail businesses. Each project has been approached with careful attention to structure, user experience, and technical stability. WordPress training has also been provided to clients, allowing [...]
📅 - European Cloud Revenues Quadruple Since 2017, Market Hits €61B - From 2017 to 2024, European service providers more than quadrupled their local cloud revenues, according to new data from Synergy Research Group. The European cloud market, on the other hand, expanded sixfold over that time, reaching €61 billion (US$70 billion) in 2024.
The market share of European cloud providers fell from 29% in 2017 to 15% in 2022, although it has remained mostly stable at 15% ever since. Amazon, Microsoft, and Google have benefited most from the market expansion. Currently, 70% of the regional market is accounted for by these three top worldwide cloud providers.
With 2% of the European market, SAP and Deutsche Telekom are the two largest cloud providers in Europe. [...]
📅 - OpenText Boosts Private Cloud for Global Compliance - OpenText (NASDAQ: OTEX), a global provider of information management solutions, has announced significant enhancements to its Private Cloud offerings, targeting enterprises operating in an increasingly regulated and fragmented digital landscape. The upgrades are designed to address growing enterprise needs for localized data control, sovereignty, and regulatory compliance, especially among multinationals navigating divergent legal frameworks across countries and regions.
As regulatory demands such as the EU's General Data Protection Regulation (GDPR) and other national sovereignty laws tighten, organizations are under pressure to ensure that data remains within legal jurisdictions while [...]
📅 - Micron Unveils Next-Generation SSDs to Power AI-Driven Data Centers - Micron Technology, a global leader in memory and storage innovation, has announced a major expansion of its data center storage portfolio with the launch of three new solid-state drives (SSDs), designed specifically to meet the escalating demands of AI workloads. Each of these new SSDs is built using Micron's in-house developed G9 NAND technology and targets a different need within modern data centers - from ultra-low latency to unprecedented capacity.
The new lineup includes the Micron 9650, the first PCIe Gen6 NVMe SSD available on the market; the Micron 6600 ION, a high-capacity E3.S SSD designed for AI data lakes; and the Micron 7600, a Gen5 SSD optimized for mixed workloads with [...]
[MONTREAL] – July 17, 2025 – eStruxture Data Centers, the largest Canadian data-center platform, has launched an industry-leading Green Finance Framework to support the company's long-term sustainability and growth.
The Framework will allow eStruxture to issue a range of green finance instruments, including green bonds, green loans, and green asset-backed securities. The proceeds from these will help drive projects with positive environmental impact, including energy efficiency upgrades, renewable energy integration, sustainable water management, and circular economy innovations.
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