Ellada Holdings Acquires Netherlands Data Center, Announces 3.5 [...]

📅 Sep 9, 2024 - Flexential Survey: AI Sparks New Cybersecurity Challenges for IT Leaders - The 2024 State of AI Infrastructure Report, released by Flexential, a large data center colocation provider, has revealed fresh findings that indicate an increasing number of IT executives are becoming concerned about the cybersecurity concerns connected to AI investments.

To achieve their AI goals, organizations, according to the survey, must address a number of cybersecurity and data protection-related issues. These issues include the growing necessity for proactive disaster recovery planning, resilient infrastructure design and testing, and a focus on dependable uptime in order to guarantee safe, scalable, and highly effective AI deployments.

The results are based on a survey that was [...]

📅 Sep 9, 2024 - Exotel Unveils Cloud and AI Solutions to Boost Client Experience in Saudi Arabia - This marks a new chapter in the company's journey, featuring the launch of the Kingdom's first local cloud for Customer Experience (CX), integrated with local telephony and AI. This initiative represents a transformative milestone in Exotel's commitment to supporting KSA's digital future by providing businesses with innovative tools to enhance customer interactions, in alignment with Saudi Arabia's Vision 2030.

The introduction of Exotel's local cloud for CX and advanced AI for enterprise communication represents a significant advancement for businesses inSaudi Arabia, enabling them to manage customer communications with unprecedented speed, security, and scalability. This empowers [...]

📅 Sep 9, 2024 - CDN Provider Edgio Files for Chapter 11 Bankruptcy, Plans Asset Sale - Global content delivery network (CDN)provider, Edgio (Nasdaq: EGIO), has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. The move is part of a strategic effort to facilitate one or more sale transactions that would allow the company to continue operating under new ownership.

We are confident the flexibility gained through this process will enable the continued delivery of video streaming and web security solutions to our over 935 global customers who rely on us daily, said Todd Hinders, CEO at Edgio.Edgio evolved from Limelight Networks, a well-known provider of content delivery services that was founed in 2001. To ensure a smooth [...]

📅 Sep 10, 2024 - Drut Technologies Delivers Virtual Disaggregation for GPU Servers - Virtual Disaggregation modernizes GPU developments by making it possible to deploy faster, configure easier and finely allocate a precise number of GPUs for the most complex enterprise AI/ML applications.

This software deploys on GPU servers and enables the creation of isolated GPU resource pools within and across distributed physical servers. Servers that do not have enough GPUs can be augmented with GPUs from other servers. Servers that have too many GPUs can be divided into small GPU machines for ML/AI inferencing use cases and dedicated to specific users and workloads.

DX 3.0 is an advanced server software system that incorporates the unified network fabric to deliver what is called [...]

📅 Sep 10, 2024 - GTT Expands Partnership with MDC, Adds New PoP in Laredo, Texas - GTT Communications, a global provider of secured cloud networking solutions, has announced an expansion of its partnership with MDC Data Centers by establishing a new network Point-of-Presence (PoP) at MDCs data center in Laredo, Texas. This move would bolster GTTs presence near the U.S.-Mexico border, catering to the growing bandwidth needs of businesses operating between the United States, Mexico, and Central America.

MDC Data Centers, a prominent carrier-neutral data center provider, specializes in facilitating cross-border traffic between the two countries.

The newly established network PoP in Laredo would add redundancy to GTT's network, enhancing reliability for customers seeking [...]

📅 Sep 10, 2024 - Green Sata Center Developer Soluna Secures $25M Growth Capital Line - Soluna Holdings, a developer of green data centers for high-performance computing applications including artificial intelligence (AI) and bitcoin, has secured a $25 million growth capital line through a standby equity purchase agreement (SEPA) with Yorkville Advisors Global.

This funding will be used to support ongoing green data center projects, retire convertible notes, and stabilize the companys balance sheet. The initial $10 million draw from the agreement will be allocated to both data center development and the repayment of convertible notes.

The funding positions Soluna to expand its business and support critical projects, particularly in the AI and cloud computing sectors. [...]