NASA wants to establish a permanent human presence on the Moon, but right now, astronauts have to be in direct line of sight with Earth to phone home. The space agency is looking to change that with its developing Near Space Network, and it’s willing to pay potentially huge sums to private companies to help […]
AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play
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 […]