According to two people familiar with the matter at hand, the U.S. Department of Energy is closing in on a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc even as a key lab waits for a larger supercomputer from Intel Corp that has seen delays for months.…
Sources familiar with the matter have disclosed, U.S. chipmaker Nvidia is set to win an unconditional approval from the European Commission over its $6.8 billion acquisition bid to acquire Mellanox Technologies. Known for its powerful graphics chips, Nvidia is looking to boost its data center and artificial intelligence business; acquiring Mellanox will help it better…
Data from the European Commission’s website shows that U.S. chipmaker Nvidia did not offer any concessions to EU antitrust regulators who are examining its $6.8 billion bid to acquire Mellanox Technologies. The European Commission is set to take a decision on Nvidia’s biggest-ever acquisition by December 19. It is to be seen whether the EC…
Buenos Aires is also the location where AWS opened its office in 2018. According to a provincial bulletin dated Oct. 24, Argentina has allowed Amazon.com Inc’s Web Services division AWS to build an $800-million data facility in Buenos Aires. The data center will be built in a free trade area in Rosales near the port…
As per a source Nvidia has outbid Intel Corp for Mellanox. The deal assumes strategic importance since it will reduce Nvidia’s dependency on the gaming industry for its revenues. As per a source familiar with the matter at hand, Nvidia Corp is close to acquiring Mellanox Technologies Ltd for more than $7 billion. The potential…
Qatar will be Microsoft’s foothold in the Gulf for expanding its Azure cloud platform in the Middle East. Qatar’s state news agency QNA has reported that Doha’s cabinet has approved the establishment of a Microsoft global data center in the country. In 2018, Microsoft had announced plans to expand its Azure, cloud platform to the…
Google is beefing up its presence in Denmark. This development marks the second purchase of a plot by Google in as many years. On Tuesday, the Danish unit of Alphabet Inc’s Google announced, it plans on investing $690 million (4.5 billion Danish crowns) to build a new data center in Fredericia, Denmark. The announcement comes…
Although Intel has forecast higher revenues for its fourth quarter, it has conceded that in the long term trade tensions with China could act as headwinds. On the back of strong demands for Intel chips for personal computers and high margins from its data center business, Intel Corp announced its quarterly revenues which beat analysts’…
A routine maintenance led to the payment processing issues at Australia’s Central Bank. On Thursday, Australia’s central bank stated, an internal power failure caused by the maintenance of its fire control systems as the cause of its Sydney data center inability to process some payments. Although the outage lasted only 3 hours, according to representatives…
While Switch had projected its listing price to be in the range of $14 to $16, it’s share price broke all expectations and was listed at $17, much to the cheer of investors. In a significant development, Switch Inc has raised $531.3 million from its initial public offering wherein it had priced its share at…
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