August 02, 2024 Europe
Industrial machine manufacturer Johnson Controls this week announced George R. Oliver has decided to stand down as CEO, following “substantial progress on its portfolio transformation.” The Irish company is now on the hunt for its next CEO with the assistance of an executive search firm to help...
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August 01, 2024 Africa
Alameda Healthcare Group and Dell Technologies have signed a memorandum of understanding (MoU) for a joint data center development in Cairo. Dell will be responsible for providing the data center equipment necessary to Alameda, as well as to provide implementation services. Dell will also offer...
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August 01, 2024 Africa
Dell will also offer advisory services to Alameda surrounding Edge computing, network infrastructure, data center core technologies, and multi-cloud solutions. The data center will be located in Cairo, and will host Alameda's digital infrastructure. Dr. Fahad Khater, chairman of Alameda...
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August 01, 2024 Africa
Telecom Namibia has inaugurated its cable landing station in Swakopmund, Namibia, activating its capacity on Google’s Equiano subsea cable which connects Namibia to Europe via Portugal and to the rest of Africa, via Cape Town and Johannesburg. The cable will help to build resilience in light of...
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July 31, 2024 United Kingdom
Liquid cooling firm Iceotope has announced that CEO David Craig will be retiring, effective September 30 after spending nine years at the helm of Iceotope, previously serving as COO of McLaren Software and the founder of wind turbine developer Green Power partnership. Nathan Blom, chief...
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July 31, 2024 Netherlands
Dutch transmission system operator TenneT is looking to invest up to €4.6bn in thousands of kilometers of new transmission infrastructure across the Netherlands and Germany as it looks to update the grid. TenneT CEO Manon van Beek said: “To achieve the 2030, 2045, and 2050 climate milestones and...
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July 28, 2024 United Kingdom
AI chip startup Fractile has exited stealth with $15 million in seed funding round co-led by Kindred Capital, NATO Innovation Fund, and Oxford Science Enterprises and included participation from a number of angel investors, including Stan Boland, co-founder of Icera, and Amar Shah, co-founder of...
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July 28, 2024 Israel
Israeli quantum computing startup Quantum Transistors has secured funding of up to €17.5 million ($19 million) from the European Innovation Commission. The council selected 68 companies that will receive an estimated €411 million ($446.1m) in funding, of which up to €165 million ($179m) is in...
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July 27, 2024 Saudi Arabia
Grid Telecom, a wholly-owned subsidiary of the Independent Power Transmission Operator (IPTO) of Greece has signed a Memorandum of Understanding (MoU) with Saudi Electricity-owned Dawiyat Integrated to build a subsea cable system connecting Greece to Saudi Arabia, and other major destinations...
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July 27, 2024 United Kingdom
Modular data center firm Secure I.T. Environments (SITE) has completed a mechanical and electrical upgrade at the data center of St Mary’s Hospital in the Isle of Wight, the UK to accommodate 14 racks with a capacity of 80kW. This upgrade will allow the Isle of Wight NHS Trust to reach its target...
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July 25, 2024 United Kingdom
Artificial general intelligence (AGI) startup SingularityNet, which is developing decentralized and blockchain-based AI infrastructure announced that it will be investing $53 million in data center supercomputing modules. Half of this investment will be used for the creation of world’s first...
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July 25, 2024 Austria
The University of Innsbruck, Austria has integrated a quantum computer into a high-performance computing (HPC) environment for the first time in Austria. The Innsbruck team has connected the university’s LEO5 cluster with AQT's IBEX Q1 quantum computer. “With the advent of quantum computers and...
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July 23, 2024 Luxembourg
Gcore, an Edge artificial intelligence (AI) and cloud provider, has secured $60m in a Series A funding round led by game developer and publisher Wargaming, with participation from Constructor Capital and Han River Partners. “We are on the cusp of an AI revolution that will transform how companies...
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July 22, 2024 United Kingdom
UK regulator Ofcom has fined BT Group a fee of £17.5 million ($22.6m) after a technical fault that impacted its ability to handle emergency calls between 06:24 and 16:56 on June 25th, 2023. Suzanne Cater, Ofcom’s director of enforcement said: "Being able to contact the emergency services can mean...
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July 20, 2024 Russia / Россия
Nasdaq-listed tech giant, Yandex which was formerly referred to as “Russia’s Google,” have been renamed as Nebius Group and pivoted to focus on AI following the company's agreement to sell its Russian operations to local management and investment firms. The company said: “In addition to expanding...
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July 19, 2024 Norway
Power grid optimization specialist Heimdall Power has raised $25 million in a Series B funding round to scale up production of its “Magic Ball” sensors which it claims can help grid operators access up to 40 percent of additional transmission capacity in existing power lines. These neuron sensors...
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July 18, 2024 Europe
Vertiv recently announced that it will add the ZincFive BC Series UPS Battery Cabinets to its portfolio of uninterruptible power supply (UPS) offerings, as they are compatible with select large and medium Vertiv UPS, including the recently launched Trinergy offering. ZincFive's CEO and...
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July 18, 2024 United Kingdom
Quantum component manufacturer Infleqtion will be making history as the first company to install a neutral atom quantum computer at the National Quantum Computing Centre (NQCC) in Harwell, UK. “Our recent installation is part of Infleqtion’s dedication to leading facility logistics in partnership...
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July 12, 2024 Poland
The EuroHPC JU has signed a procurement contract for EuroQCS-Poland, a 20 qubit trapped ion quantum computer, which will be hosted at the Poznan Supercomputing and Networking Center (PSNC) in Poznan , Poland, and supplied by Alpine Quantum Technologies (AQT).Coordinator of the EuroQCS-Poland...
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July 11, 2024 Sweden
Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The...
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