Hewlett Packard Enterprise announced it will acquire AI-native networks company Juniper Networks (NYSE: JNPR)in an all-cash transaction for $40.00 per share, an equity value of approximately $14 billion…. “This transaction will strengthen HPE’s position at the nexus of accelerating macro-AI trends, expand our total addressable market, and drive further…
Report: Samsung Secures Order for 3nm Server Chips for US Company ‘Involved in HPC’
A news story in the Korean news publication Pulse reported today that Samsung electronics has confirmed “a new order for 3-nanometer high performance server chips.” The Pulse story stated that semiconductor designer ADTechnology Co., a Korea-based design solution partner of Samsung and member of the AADP (Arm Approved….
NVIDIA, Intel and Google Alums Form Lemurian Labs, Raise $9M for 20X AI Throughput Boost
Toronto – October 4, 2023 — Lemurian Labs today announced it has secured $9 million in seed funding to develop an accelerated computing platform tailored for AI applications. The company said its platform will leverage a novel number system, referred to as PAL (parallel adaptive logarithm), to expedite AI workloads by up to 20x greater […]
HPC News Bytes 20231002: Lisa Su on AMD-NVIDIA GPU Competition; ASML EUV at Intel Fab in Ireland; AI Job Elimination; SC23 Coming up
A happy October morning to you! Our lineup of quick (4:36) commentary on recent HPC news includes: AMD’s Lisa Su on the AMD-NVIDIA GPU competition; ASML EUV at Intel-4 fab in Ireland starts volume production; AI’s job elimination impact; SC23 is coming Nov 12-17….
IonQ Announces $25.5M Quantum Deal with U.S. Air Force Research Lab
Quantum computing company IonQ announced an expanded relationship with the Air Force Research Lab (AFRL) to deploy two barium-based trapped ion quantum computing systems for quantum networking research and application development. The deal comes one year after IonQ announced an agreement with AFRL to provide access to the company’s trapped ion….
$100M Series B for Generative AI Platform Writer
SAN FRANCISCO — Writer, a generative AI platform for enterprises, announced its Series B funding round of $100 million today. The round is being led by ICONIQ Growth with participation from WndrCo, Balderton Capital and Insight Partners, who led the Series A, and Aspect Ventures, who led the seed round. This round includes participation from […]
Gen AI Chip Startup d-Matrix Announces $110M in Series B Funding
Santa Clara, Calif. – September 6, 2023 – Gerative AI chip startup d-Matrix has closed $110 million in a Series-B funding round led by Singapore-based global investment firm Temasek. The goal of the fundraise is to enable d-Matrix to begin commercializing Corsair, the world’s first Digital-In Memory Compute (DIMC), chiplet-based inference compute platform, after the […]
Panasas Appoints Ken Claffey CEO, Shea to Remain as COO
SAN JOSE, September 6, 2023 – High performance data storage vendor Panasas has announced that Ken Claffey, former SVP/GM of Enterprise Systems at Seage Technology, has been named CEO. Claffey replaces Tom Shea, who will remain on the Panasas executive leadership team as chief operating officer.