The Helsinki-based company, formerly DataCrunch, is backed by Lifeline Ventures, byFounders, Tesi, Varma, and a group of Nordic lenders. It is already cash-flow positive, holds Nvidia Preferred Partner status, and plans to hire more than 100 people this year. Verda, the Helsinki-based AI cloud infrastructure company formerly known as DataCrunch, has raised $117 million in […]<br /> This story continues at The Next Web [...]
Hybrid cloud security was built before the current era of automated, machine-based cyberattacks that take just milliseconds to execute and minutes to deliver devastating impacts to infrastructure. The [...]
Xbox owners got a bit of a nasty surprise thanks to Microsoft’s sudden announcement today that the monthly cost of a Game Pass Ultimate subscription is getting a 50 percent increase. The new $30 mon [...]
Enterprises can't fix their GPU waste problem because the fix makes the problem worse. Releasing idle capacity would improve utilization, but the same shortage driving GPU prices up is exactly wh [...]
For the last 24 months, one narrative justified every over-provisioned data center and bloated IT budget: the GPU scramble. Silicon was the new oil, and H100s traded like contraband. Reserve capacity [...]
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Cirrascale Cloud Services today announced it has expanded its partnership with Google Cloud to deliver the Gemini model on-premises through Google Distributed Cloud, making it the first neocloud provi [...]
Microsoft on Monday unveiled the Surface RTX Spark Dev Box, a compact desktop computer designed to let software developers run large AI models on their desks instead of paying for cloud computing — [...]