Groq Secures $750M Funding at $6.9B Valuation Amid Inference Boom
📅 - Groq has secured $750 million in fresh financing, giving the U.S.-based AI inference specialist a post-money valuation of $6.9 billion. Founded with a focus on high-speed, cost-effective inference, Groq has positioned itself as a core player in AI infrastructure. The company reports that its technology now supports more than two million developers as well as Fortune 500 enterprises.
Groq's data center footprint continues to expand beyond North America into Europe and the Middle East, reflecting growing global demand for inference workloads.
The funding round was led by Disruptive, with participation from major institutional investors including BlackRock, Neuberger Berman, Deutsche [...][... Check source for end of article ...]
📅 - Vultr and FluidCloud Now Enable Instant Global Cloud Migration - Organizations are under tremendous pressure to upgrade their infrastructure as soon as possible and at a reasonable cost in the continuously changing cloud world of today. Vultr's high-performance cloud infrastructure and FluidCloud's Cloud CloningTM technology combine to enable AI-driven enterprises to move from any provider to Vultr in a matter of minutes without complicated rearchitecting or service interruption. Additionally, Vultr and FluidCloud support a multicloud shift to divide workloads among multiple clouds.
"Our collaboration with Vultr stems from a shared goal to liberate businesses from cloud lock-in and streamline multicloud operations," stated Sharad Kumar, FluidCloud's [...]
📅 - China Bans Tech Giants from Buying NVIDIA AI Chips, Backs Local - China's Internet regulator has barred the country's largest technology firms from purchasing artificial intelligence processors made by NVIDIA, intensifying Beijing's push to strengthen domestic chip capabilities and reduce reliance on U.S. technology.
The Cyberspace Administration of China (CAC) this week instructed companies including ByteDance and Alibaba to halt testing and cancel orders for NVIDIA's RTX Pro 6000D, a processor designed specifically for the Chinese market. Several firms had already begun verification processes with server vendors and had planned to acquire tens of thousands of the GPUs, according to people familiar with the matter. Following the CAC directive, [...]
📅 - CoreWeave to Launch AI Infrastructure in Scotland with DataVita - CoreWeave has announced a £1.5 billion expansion of its AI data center operations in the United Kingdom, bringing its total investment in the country to £2.5 billion. The latest phase underscores the company's commitment to delivering sustainable compute capacity designed to meet the growing demands of artificial intelligence while advancing the UK's position as a hub for responsible AI development.
The announcement coincided with the state visit of U.S. President Donald J. Trump to the UK, adding symbolic weight to the transatlantic technology collaboration. CoreWeave said the funds will accelerate the UK Government's Compute Roadmap, an initiative aimed at providing the infrastructure [...]
📅 - Compu Dynamics Modular Launches New AI-Era Data Center Platforms - Compu Dynamics Modular has introduced two new modular data center platforms designed to meet the rapidly evolving requirements of artificial intelligence workloads. The company, a subsidiary of Compu Dynamics with more than two decades of expertise in data center design and deployment, said the new systems were created to address critical infrastructure bottlenecks including density, speed, and scalability.
The two product lines, the CDM L Series and the CDM I Series, target distinct parts of the AI ecosystem. The L Series is tailored for AI training and ultra-high-density computing, while the I Series is focused on inference and edge applications. Both platforms are designed with [...]
📅 - EPB Quantum Adds Hybrid Computing with ORNL, NVIDIA, IonQ for Grid - At the Quantum World Congress, EPB Quantum announced the addition of hybrid computing capabilities to its Chattanooga, Tennessee facility, marking another milestone in the city's growing role as a hub for advanced computing. The integration of classical high-performance computing alongside commercially available quantum platforms is intended to create a comprehensive development environment for practical quantum applications.
Through an agreement with the Department of Energy's Oak Ridge National Laboratory (ORNL), an NVIDIA DGX system has been installed at the EPB Quantum Center, a site already home to the nation's first commercially available quantum network and scheduled to host IonQ's [...]
📅 - CNCF, Docker Partner to Strengthen Cloud Native Open Source - The Cloud Native Computing Foundation has announced a new partnership with Docker aimed at strengthening the infrastructure that supports open source projects within the cloud native ecosystem. Under the agreement, all CNCF-hosted projects will gain access to Docker's Sponsored Open Source program, known as DSOS, which provides premium registry, security, and support services.
CNCF, the organization that fosters sustainable ecosystems for cloud native software, has worked closely with Docker since its early days. This new arrangement formalizes and expands that relationship, reflecting the central role container technology continues to play in cloud development and deployment.
