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Spinning out from the cryptocurrency hardware developer Bitfury, LiquidStack pitches a data center cooling tech

TechCrunch

Data centers and bitcoin mining operations are becoming huge energy hogs , and the explosive growth of both risks undoing a lot of the progress that’s been made to reduce global greenhouse gas emissions. Later, the companies jointly deployed 160 megawatts of two-phase immersion-cooled data centers.

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Data center investments simplify IT and cloud modernization

CIO

We have invested in the areas of security and private 5G with two recent acquisitions that expand our edge-to-cloud portfolio to meet the needs of organizations as they increasingly migrate from traditional centralized data centers to distributed “centers of data.” The new service packs will be orderable later in 2023.

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Intel spins off enterprise AI company Articul8 with outside funding

CIO

Intel has set up a new company, Articul8 AI, to sell enterprise generative AI software it developed. Articul8 AI will be led by Arun Subramaniyan, formerly vice president and general manager in Intel’s Data Center and AI Group. The new company’s investors include global investment firm DigitalBridge Ventures.

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AMD to acquire data center optimization startup Pensando for $2B

TechCrunch

AMD is in the chip business, and a big part of that these days involves operating in data centers at an enormous scale. AMD announced today that it intends to acquire data center optimization startup Pensando for approximately $1.9 Jain will join the data center solutions group at AMD when the deal closes.

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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

Hardware 216
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TechCrunch+ roundup: Big Data’s cloud backlash, CVC pitch tips, de-risking hardware startups

TechCrunch

For most of the Information Age, companies that wanted to scale invested in server farms and hired teams to keep them running. Soon after, when I worked at a publicly traded company, our on-prem data center was resilient enough to operate through a moderate earthquake.

Hardware 215
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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” The Fungible team will join Microsoft’s data center infrastructure engineering teams, Bablani said. .

Azure 282