Wednesday, May 31, 2023

Lightmatter lands $154 million for photonic interconnects / processors

Lightmatter, a start-up based in Boston, raised a $154 million Series C investment round for its photonic interconnects and processors.Lightmatter’s photonics-enabled products encompass a full stack of hardware and software for AI and supercomputing applications.“Rapid progress in artificial intelligence is forcing computing infrastructure to improve at an unprecedented rate. The energy costs of this growth are significant, even on a planetary scale,”...

CoreWeave raises $421 million for GPU cloud service

CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, announced an additional $200 million in funding to expand its cloud GPU services.The new funding , which was provided by  Magnetar Capital (“Magnetar”), a leading alternative asset manager, comes just one month after the company announced $221 million in Series B funding, also led by Magnetar, bringing the total for the round to $421 million.CoreWeave said...

Liquid Dataport connects Mombasa to Muanda via terrestrial fiber

Liquid Dataport launched its newest fibre route connecting Mombasa, Kenya, to Muanda on the west coast of the Democratic Republic of Congo (DR Congo). The new 3,800 km fiber route reduces data transmission latency by 20 milliseconds. The route connects Kenya and DRC, passing through Uganda and Rwanda and bringing more reliable and affordable broadband connectivity to over 40 million people living and working in all the major cities along...

FCC updates National Broadband Map

The FCC released an updated version of its location-based national broadband map.The FCC finds that more than 8.3 million U.S. homes and businesses lack access to high-speed broadband. On net, the improvements to the map since November helped to identify nearly 330,000 more unserved locations.The FCC mapping team has reviewed challenges to availability data for more than 4 million locations. Over 75% of those challenges have already been resolved...

MACOM opens European Semiconductor Center in France

MACOM is establishing a European Semiconductor Center to offer its customers higher frequency Gallium Arsenide (GaAs) and Gallium Nitride (GaN) monolithic microwave integrated circuits.MACOM recently acquired the key manufacturing facilities, capabilities and technologies of OMMIC SAS. The OMMIC facility, which is located near Paris in Limeil-Brévannes, France, will become the foundation for MACOM’s newly established European Semiconductor Center. “We...

5G Open Innovation Lab aims for faster deployment of private mobile

The 5G Open Innovation Lab (5G OI Lab) is collaborating with F5, GXC and Spirent Communications to showcase an enterprise Private Mobile Network (PMN) capable of delivering service in hard-to-reach locations with greater security, control, and resilience.As 5G infrastructure becomes more mainstream, enterprises and organizations are subsequently deploying more private networks and telco clouds into strategic locations to leverage newly available...