Paris: AI chip startup SambaNova Systems has secured $1 billion in Series F funding, valuing the company at $11 billion, as it looks to strengthen its position in the rapidly expanding artificial intelligence semiconductor market. The funding announcement was made during the Raise Summit in Paris, reinforcing growing investor interest in companies developing alternatives to … Read more
Roughly ten kilometers from Shanghai’s shoreline, a data center now sits on the seabed — and it’s already processing data commercially, marking what appears to be a global first for offshore computing infrastructure. A Giant Structure, Hidden From View The facility weighs close to 2,000 tonnes and stands 32 meters tall, but almost none of … Read more
Global energy technology leader Schneider Electric has announced a strategic partnership with Hon Hai Technology Group (Foxconn) to develop and scale the next generation of AI data centers, addressing the rapidly growing infrastructure demands driven by artificial intelligence adoption worldwide. The collaboration brings together Foxconn’s expertise in advanced computing platforms, AI server integration, and global … Read more
