AI Hyperscaler Nscale Secures $155 Million in Series A Funding to Fuel Expansion and Meet AI Compute Demand - Nscale, a leading innovator in AI hyperscale infrastructure, has announced the completion of a $155 million Series A funding round. Led by Sandton Capital Partners, with participation from Kestrel, Bluesky Asset Management, and Florence Capital, this oversubscribed round positions Nscale to expand its sustainable and scalable AI infrastructure across Europe and North America. The company is uniquely addressing the surging demand for high-performance AI computation, driven by the explosive growth of generative AI applications and large-scale workloads. Founded on the principles of innovation and environmental responsibility, Nscale operates as a fully integrated hyperscaler. Its platform manages every layer of AI […] - https://lnkd.in/erzi7BfU
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AI Hyperscaler Nscale Secures $155 Million in Series A Funding to Fuel Expansion and Meet AI Compute Demand - Nscale, a leading innovator in AI hyperscale infrastructure, has announced the completion of a $155 million Series A funding round. Led by Sandton Capital Partners, with participation from Kestrel, Bluesky Asset Management, and Florence Capital, this oversubscribed round positions Nscale to expand its sustainable and scalable AI infrastructure across Europe and North America. The company is uniquely addressing the surging demand for high-performance AI computation, driven by the explosive growth of generative AI applications and large-scale workloads. Founded on the principles of innovation and environmental responsibility, Nscale operates as a fully integrated hyperscaler. Its platform manages every layer of AI […] - https://lnkd.in/erzi7BfU
AI Hyperscaler Nscale Secures $155 Million in Series A Funding to Fuel Expansion and Meet AI Compute Demand
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The fourth industrial revolution is here and being driven by Artificial Intelligence. As computational needs spiral, the traditional infrastructures offered by data centres are straining. AI’s energy demand is now estimated to reach 85 to 134 terawatt hours annually, showing how even greater pressure will be put on these tired system models. Read the latest blog from Nicole Anderson on the key benefits offered by decentralized compute solutions - and how Redsand Ventures is leading this shift. Sandeep Dama Stu Davies https://lnkd.in/eEXgz7HY
Compute Power | Decentralizing for a Sustainable Future
redsandventures.io
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Argo Infrastructure Partners is making strides in the AI sector with its new investments aimed at powering advanced technologies. Their focus is on enhancing infrastructure to support the growing demands of artificial intelligence applications. This initiative highlights a commitment to fostering innovation and expanding technological capabilities. The move reflects broader industry trends towards integrating AI into infrastructure solutions. https://lnkd.in/gjdW7Gdh #AIInfrastructure #TechInvestment #ArgoPartners #ArtificialIntelligence #Innovation #TechNews #InfrastructureDevelopment #AIApplications #TechnologyTrends #InvestmentNews #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday
Argo Infrastructure Partners on Powering the AI Gold Rush Through Data Centers
finance.yahoo.com
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If you've been following the seemingly rapid proliferation of artificial intelligence throughout the buildings and infrastructure tech spaces, you've probably come across the topic of data centers and the fact that we don't have enough of them. In fact, our energy infrastructure in general is deeply lacking, and may soon be unable to handle the glut of energy requirements coming from new, robust AI and machine learning technologies. In a recent brief, BuiltWorlds AI/ML Research Analyst Sofie Richardson looked into the country's burgeoning data center and energy infrastructure efforts, asking the questions: who's leading data center investment; who's building these data centers; what role will energy infrastructure play in the development of AI overall; and what are the long-term implications of the aforementioned? Check out the full story to learn more: https://lnkd.in/gWdWUiFM For those interested in AI/ML, please also check out our upcoming AI/ML Conference, slated to take place February 5-6, 2025, in Atlanta: https://lnkd.in/g5E96Shz Follow us for more updates on events, research, and industry topics such as AI/ML!
AI’s Backbone: Strategic Investments in Data Center Infrastructure
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This global collaboration is set to enhance computing power, scale up data centers, and promote sustainable energy practices. Explore more about this initiative in the latest article on Bayt Magazine. #GlobalCollaboration #SustainableEnergy #DataCenters
Big news in #ArtificialIntelligence! Microsoft, BlackRock, and MGX are joining forces on a $100bn AI project - a game-changer set to redefine the #AI landscape. This global collaboration aims to boost computing power, expand data centers, and foster sustainable energy use. Let's talk about the future of AI! #AIInfrastructure #FutureTech #Innovation https://lnkd.in/dVsgNdC8
Microsoft, BlackRock, and MGX to Invest $100bn in AI Infrastructure
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BlackRock, Global Infrastructure Partners, Microsoft, and MGX have joined forces to establish the Global AI Infrastructure Investment Partnership. #DataScience #AI #ArtificialIntelligence https://hubs.li/Q02RD5_t0 If you enjoyed this post, follow me for more insights on AI and data science!
BlackRock, Microsoft, and MGX Launch $100 Billion AI Infrastructure Partnership
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Power up your AI game with Stelia and Polar's new partnership! Combining Stelia’s data mobility platform with Polar’s AI-optimized, eco-friendly data centers, enterprises can innovate faster, safer, and greener than ever. This collaboration redefines AI infrastructure from seamless data flows to sustainable high performance. #AIInnovation #DataMobility #SustainableTech #AIInfrastructure #DigitalTransformation
Stelia and Polar Partner to Accelerate Enterprise AI
https://nexttechtoday.com
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We are inundated with a plethora of technological advancements, with AI in particular, taking centre stage at this point in time. I share my perspectives with Dataquest on embracing digital in the infrastructure domain amidst a constantly changing technology landscape. https://lnkd.in/duTBsrCg
Embracing digital and technological disruptions must have well thought out use-cases and clear objectives
dqindia.com
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🚀 Big developments are happening in the AI space! Microsoft and BlackRock have joined forces to launch a massive $100 billion fund focused on artificial intelligence infrastructure. This initiative, called the Global AI Infrastructure Investment Partnership (GAIIP), is designed to meet the surging demand for data centers and energy resources that support AI technologies. With an ambitious initial target of raising $30 billion, this partnership will try to reshape our understanding of AI’s role in the economy and its energy needs. As AI technology continues to advance, the necessity for strong infrastructure becomes even more apparent. Microsoft CEO Satya Nadella highlights that this collaboration will drive innovation while ensuring sustainable growth across various sectors. By leveraging private capital for these essential projects, both companies are setting the stage for a future where AI can tackle environmental challenges. 🌍 #AI #AIInfrastructure
Microsoft, Blackrock and more create $30B AI infrastructure fund
https://theticker.org
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Big news in #ArtificialIntelligence! Microsoft, BlackRock, and MGX are joining forces on a $100bn AI project - a game-changer set to redefine the #AI landscape. This global collaboration aims to boost computing power, expand data centers, and foster sustainable energy use. Let's talk about the future of AI! #AIInfrastructure #FutureTech #Innovation https://lnkd.in/dVsgNdC8
Microsoft, BlackRock, and MGX to Invest $100bn in AI Infrastructure
https://baytmagazine.com
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