Databricks

Databricks is Raising $10B Series J Investment at $62B Valuation

Funding led by new investor Thrive Capital Company expects to cross $3B in revenue run rate and achieve positive free cash flow in fourth quarter Press Release – SAN FRANCISCO, CA — December 17, 2024 — Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This … Continue reading Databricks is Raising $10B Series J Investment at $62B Valuation

Lumen

Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers

Lumen® Private Connectivity Fabric℠ will expand Prometheus’ network capacity across its growing data center footprint Press Release – DENVER, Dec. 17, 2024 /PRNewswire/ — Prometheus Hyperscale has chosen Lumen Technologies (NYSE: LUMN) to connect its energy-efficient data centers to meet growing AI data demands. Lumen network services will help Prometheus with the rapid growth in AI, big data, and cloud computing as they address the critical environmental challenges faced by the … Continue reading Lumen Partners with Prometheus Hyperscale to Enhance Connectivity for Sustainable AI-Driven Data Centers

SOPHiA GENETICS

SOPHiA GENETICS Announces Expanded Partnership with Tennessee Oncology

Press Release – 11/21/2024 Leading community-based practice to utilize increased set of solid tumor applications Boston, MA and Rolle, Switzerland, November 21, 2024 – SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native healthcare technology company and a leader in data-driven medicine, announced today that Tennessee Oncology, one of the United States’ largest community-based cancer care specialists that treats nearly half of Tennessee’s cancer patients across 35 clinics, has … Continue reading SOPHiA GENETICS Announces Expanded Partnership with Tennessee Oncology

Stream Data Centers

Stream Data Centers Appoints AJ Steinbrecher as Vice President of Location Strategy and Acquisitions

Seasoned data center executive strengthens Stream’s data center location strategy capabilities Press Release – November 15, 2024 – DALLAS – Stream Data Centers, a leader in the design, development, and operation of world-class data centers, is pleased to announce the appointment of AJ Steinbrecher as Vice President, Location Strategy & Acquisitions. “It’s exciting to be working with Stream and be part of a team that is at … Continue reading Stream Data Centers Appoints AJ Steinbrecher as Vice President of Location Strategy and Acquisitions

FPT Corporation

FPT and Ericsson Join Forces to Propel 5G-Driven AI, Data, and Digital Transformation

Press Release – November 15, 2024 – HO CHI MINH CITY, Vietnam – Global technology corporation FPT and Global ICT leader Ericsson have entered a partnership to accelerate 5G adoption and drive advancements in artificial intelligence (AI) and digital transformation. This collaboration is set to create a foundation for an international partnership to accelerate 5G adoption across enterprises. With 5G’s high-speed data transfer and scalability, … Continue reading FPT and Ericsson Join Forces to Propel 5G-Driven AI, Data, and Digital Transformation

Advan Research Corporation

Advan Acquires Real Estate Intelligence

Press Release – November 14, 2024 – NEW YORK – Advan Research Corporation, the leader in foot traffic and transaction data analytics in the financial, real estate and retail industries, announced today the acquisition of Real Estate Intelligence (“REI”) from RetailStat, a retailer health data and analytics company. REI is the mobile device location data powered analytics component of RetailStat, comprising a Retail Real Estate … Continue reading Advan Acquires Real Estate Intelligence

Securiti

Securiti Launches Gencore AI, a Holistic Solution to Easily Build Safe Enterprise AI Systems

Powered by a knowledge graph with deep contextual information about data and controls from diverse data systems and apps, Gencore AI accelerates enterprise-grade generative AI development Press Release – October 29, 2024 – SAN JOSE, Calif. – Securiti, the pioneer in data security, privacy, governance and compliance, today announced the release of Gencore AI, a first of its kind holistic solution to easily and quickly build … Continue reading Securiti Launches Gencore AI, a Holistic Solution to Easily Build Safe Enterprise AI Systems

nokia

Nokia and Lenovo join forces to drive advancements in data center solutions for the AI era

22 October 2024 – Press release Espoo, Finland – Nokia today announced a strategic partnership with Lenovo to create comprehensive data center networking and automation solutions that support the massive and highly precise compute, storage and transit needs for Artificial Intelligence, Machine Learning (AI/ML) and other compute-intensive workloads. These solutions will be jointly marketed to enterprises, telcos, and digital infrastructure and cloud providers. The partners … Continue reading Nokia and Lenovo join forces to drive advancements in data center solutions for the AI era