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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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Pliops lands $100M for chips that accelerate analytics in data centers

TechCrunch

Part of the problem is that data-intensive workloads require substantial resources, and that adding the necessary compute and storage infrastructure is often expensive. For companies moving to the cloud specifically, IDG reports that they plan to devote $78 million toward infrastructure this year. Marvell has its Octeon technology.

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Capitalizing on technology budgets: A CIO’s story

CIO

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. Capitalizing on technology budgets presents a viable solution. This pool is ripe for reduction, resulting in substantial savings.

Budget 147
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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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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