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AI, Data Center And Energy Startups Get Large Capital Infusion In October

Crunchbase News

The surge was driven by large funds leading supergiant rounds in capital-intensive businesses in areas such as artificial intelligence, data centers and energy. And not far off from a billion, Pacific Fusion , a nuclear fusion technology company, raised more than $900 million in a round led by General Catalyst.

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Spinning out from the cryptocurrency hardware developer Bitfury, LiquidStack pitches a data center cooling tech

TechCrunch

Data centers and bitcoin mining operations are becoming huge energy hogs , and the explosive growth of both risks undoing a lot of the progress that’s been made to reduce global greenhouse gas emissions. Later, the companies jointly deployed 160 megawatts of two-phase immersion-cooled data centers.

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Gartner projects major IT spending increases for 2025

CIO

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Data center spending will increase again by 15.5% in 2025, but software spending — four times larger than the data center segment — will grow by 14% next year, to $1.24

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Hungry for resources, AI redefines the data center calculus

CIO

The AI revolution is driving demand for massive computing power and creating a data center shortage, with data center operators planning to build more facilities. But it’s time for data centers and other organizations with large compute needs to consider hardware replacement as another option, some experts say.

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Data center design in the age of AI: Integrating AI with legacy Infrastructure

CIO

In the age of artificial intelligence (AI), how can enterprises evaluate whether their existing data center design can fully employ the modern requirements needed to run AI? Evaluating data center design and legacy infrastructure. The art of the data center retrofit. However, this is often not true.

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Pliops lands $100M for chips that accelerate analytics in data centers

TechCrunch

That’s why Uri Beitler launched Pliops , a startup developing what he calls “data processors” for enterprise and cloud data centers. “It became clear that today’s data needs are incompatible with yesterday’s data center architecture. Marvell has its Octeon technology.

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Will VMWare’s licensing changes push devirtualization of data centers?

CIO

The landscape of data center infrastructure is shifting dramatically, influenced by recent licensing changes from Broadcom that are driving up costs and prompting enterprises to reevaluate their virtualization strategies. Clients are seeing increased costs with on-premises virtualization with Broadcom’s acquisition of VMware.