North America
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Elon Musk has announced that xAI, his AI startup rivalling OpenAI, plans to double the size of its Colossus supercomputer cluster, which currently consists of 100,000 Nvidia GPUs. -
Semiconductor manufacturer Wolfspeed is the latest chipmaker to receive funding under the US CHIPS and Science Act, receiving up to $750 million to build a new silicon carbide wafer manufacturing site in North Carolina.
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Crusoe, the crypto miners turned clean energy AI infrastructure operator, has launched a $3.4 billion joint venture with Blue Owl Capital and Primary Digital Infrastructure to build data centres in Texas.
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Vertiv has revealed plans for a major expansion of its North American manufacturing footprint with a new 215,000-square-foot facility in Pelzer, South Carolina.
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Italian cloud and data centre operator Aruba S.p.A has unveiled its €300 million hyperscale data centre campus in Rome.
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Google has started construction on two new data centres in Dorchester County, South Carolina, as part of a $2 billion investment that will create 200 jobs.
Forthcoming events
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Tillman Infrastructure, a US-based tower company, has appointed Todd Smith as the firm's new chief financial officer (CFO).
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Kyndryl and Amazon Web Services (AWS) are partnering to help customers transform their businesses with enterprise cloud services and solutions.
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IBM has increased its investment in Quantinuum, a US$300 million joint venture formed last year by Honeywell and Cambridge Quantum Computing.
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Dell Technologies has introduced new telecoms solutions and services to bolster open telecom network ecosystems.
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Cohere Technologies has closed its Series D funding round with a US$46 million raise as it brings an enhanced version of its Universal Spectrum Multiplier (USM) to the market.
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US cable TV operator Cox Communications is to upgrade its customers’ home connections to 10Gbps
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Satellite company Iridium has reduced its quarterly loss to US$5.9 million, compared with $7.9 million in the previous year, and $107.9 million in the same quarter the year before.
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The US financial regulator has made South Korean telco KT pay a total of US$6.3 million for bribing politicians in South Korea and Vietnam.
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Capacity shares five key stories to watch from around the world today.
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The world’s largest bank has teamed up with Ciena and Toshiba to develop quantum technology that can deliver 800Gbps channels and a total speed of 2.4Tbps.
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Capacity shares financial results from key players in the telecoms space.
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DE-CIX has deployed a switch in Cyxtera’s 350 East Cermak Road data centre in Chicago.
