AMD, the chipmaker hot on the heels of Nvidia in the AI computing race, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big artificial intelligence computing businesses: it announced that it will acquire ZT Systems, which provides compute design and infrastructure for so-called “hyperscalers” (the biggest technology […]
Cloud infrastructure revenue approached $80 billion this quarter
The cloud infrastructure market has put the doldrums of 2023 firmly behind it with another big quarter. Revenue continues to grow at a brisk pace, fueled by interest in AI. Synergy Research reports revenue totaled $ 79 billion for the quarter, up $ 14.1 billion or 22% from last year. This marked the third consecutive […]
ZeroPoint’s nanosecond-scale memory compression could tame power-hungry AI infrastructure
AI is only the latest and hungriest market for high-performance computing, and system architects are working around the clock to wring every drop of performance out of every watt. Swedish startup ZeroPoint, armed with €5 million ($ 5.5M USD) in new funding, wants to help them out with a novel memory compression technique at the […]
a16z promotes Jennifer Li to help lead the new $1.25B Infrastructure fund
Powerhouse venture capital firm Andreessen Horowitz is promoting Jennifer Li to general partner after six years at the firm. She’s being tapped to help invest the new $ 1.25 billion Infrastructure fund managed by longtime a16z general partner Martin Casado. The Infrastructure fund is part of the fresh $ 7.2 billion that the Silicon Valley […]
FLO is improving EV charging infrastructure
The lack of charging infrastructure is a major barrier to entry for those looking to convert gas-powered vehicles to electric. This process is an essential component of fighting climate change, and luckily, it’s becoming easier to do. As of July 2023, the U.S. installed more than 160,000 charging stations throughout the nation, many of which […]