Cerebras builds Condor Galaxy AI supercomputer cluster

Cerebras Systems and G42, the UAE-based technology holding group, are building a network of nine interconnected supercomputers, offering a new approach to AI compute that promises to significantly reduce AI model training time. The first AI supercomputer on this network, Condor Galaxy 1 (CG-1), isocated in Santa Clara, California. CG-1 links 64 Cerebras CS-2 systems together into a single, system. It supports up to 600 billion parameter models...

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Worldcoin Foundation launches its digital ID and currency for AI era

The Worldcoin Foundation, a project co-founded by Sam Altman, Alex Blania and Max Novendstern, unveiled plans for a global digital ID, digital currency and financial network for the Age of AI.The Worldcoin protocol calls for a decentralized identity and financial network that aims “to unlock and equitably distribute the potentially massive economic implications of AI.”The Worldcoin Foundation plans to roll-out retina scanners called “orbs” in 35...

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EUTELSAT 10B satellite enters service

Eutelsat Communications confirmed the entry into service of the multi-mission high-capacity EUTELSAT 10B satellite at the 10°East orbital position.EUTELSAT 10B is carrying two multi-beam High-Throughput Satellite (HTS) Ku-band payloads: a payload covering the North Atlantic corridor, Europe, the Mediterranean basin, and the Middle East, offering significant throughput in the busiest air and sea traffic zones, and a second payload to extend coverage...

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F5 posts revenue of $703 million, up 4%

F5 reported revenue of $703 million for its third fiscal quarter, up 4% from $674 million in fiscal year 2022. Global services revenue grew 8% from the year-ago period while product revenue grew 1%, reflecting 5% systems revenue growth and software revenue that was down 3% from the year-ago period.GAAP net income for the third quarter of fiscal year 2023 was $89 million, or $1.48 per diluted share compared to $83 million, or $1.37 per diluted share,...

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MEF appoints 2023-2024 Board of Directors

MEF announced the results of the 2023-2024 Board of Directors elections held at its Annual Members Meeting last week in Montreal,MEF 2023-2024 Board of DirectorsDebika Bhattacharya, Chief Product Officer, Verizon BusinessNan Chen, Head of The One Network, EricssonFrederick Chui, Chief Commercial Officer, PCCW GlobalAndrew Dugan, Chief Technology Officer, LumenShawn Hakl, Vice President, 5G Strategy, MicrosoftAamir Hussain​, Chief Technology and Product...

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Ekinops secures €100 million credit line

EKINOPS signed a new credit line with its banking partners for a total €100 million. The company said the funding will support its development and  in particular its external growth strategy.This new financing was secured by the banking pool comprising Caisse Régionale de Crédit Agricole Mutuel des Cotes d'Armor (Agent, Arranger, Credit Coordinator), Banque Populaire Grand Ouest (Arranger and ESG Coordinator), BNP Paribas and KBC Bank.Dmitri...

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