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Transform the modern data center: From today to the future

CIO

A seismic shift is underway in the evolution of the data center, driven by a variety of converging factors. These include the accelerating transition to cloud platforms, the growth of hybrid and remote work models, and the rapid adoption of artificial intelligence (AI) and machine learning (ML) technologies across every industry.

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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

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Intel spins off enterprise AI company Articul8 with outside funding

CIO

Articul8 AI will be led by Arun Subramaniyan, formerly vice president and general manager in Intel’s Data Center and AI Group. One of the first organizations to use Articul8 was Boston Consulting Group (BCG), which runs it in its data centers for enterprise customers requiring enhanced security.

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Leveraging Microsoft AI: A game changer for manufacturing

CIO

The manufacturing edge is the hardware and software constellation on the plant’s premises. It encompasses the full range of end point devices and often a localized data center for storing data and running analytics, monitoring, and other applications. A representative mesh-of-edges is shown in the diagram below.

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CoreWeave, a GPU-focused cloud compute provider, lands $221M investment

TechCrunch

based data center expansion with the opening of two new centers this year, CEO Mike Intrator said. Venturo, a hobbyist Ethereum miner, cheaply acquired GPUs from insolvent cryptocurrency mining farms, choosing Nvidia hardware for the increased memory (hence Nvidia’s investment in CoreWeave, presumably).

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mashreq initiated a strategy to modernize its core systems globally, aiming for open, modular, and scalable solutions through infrastructure upgrades. Mashreq embarked on a strategic initiative to modernize its global core systems, aiming for solutions that are open, modular, and scalable through crucial infrastructure upgrades.

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The impact of AI on edge computing

CIO

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1