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Eye On AI: As Big Money Rolls Into Data Centers, Startup Investment Gains

Crunchbase News

It’s been hard to browse tech headlines this week and not read something about billions of dollars being poured into data centers. billion to develop data centers in Spain. Energy and data center company Crusoe Energy Systems announced it raised $3.4 So far this year, $1.3 So far this year, $1.3

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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. Pliop’s processors are engineered to boost the performance of databases and other apps that run on flash memory, saving money in the long run, he claims.

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Delivering better business outcomes for CIOs

CIO

However, enterprise cloud computing still faces similar challenges in achieving efficiency and simplicity, particularly in managing diverse cloud resources and optimizing data management. AI models are often developed in the public cloud, but the data is stored in data centers and at the edge.

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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” The Fungible team will join Microsoft’s data center infrastructure engineering teams, Bablani said. .

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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

(tied) Crusoe Energy Systems , $500M, energy: Back in 2022, the Denver-based company was helping power Bitcoin mining by harnessing natural gas that is typically burned during oil extraction and putting it toward powering the data centers needed for mining — raising a $350 million Series C equity round led by G2 Venture Partners , at $1.75

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Colocation: The Benefits of Cost-Effective Data Centers

Kaseya

With businesses planning and budgeting for their Information Technology (IT) needs for 2021, deciding on whether to build or expand their own data centers may come into play. There are significant expenses associated with a data center facility, which we’ll discuss below. What Is a Colocation Data Center?

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Lightbits Labs lands $42M to speed up server data transfers

TechCrunch

Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to TechCrunch. ” Image Credits: Lightbits Labs.

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