NVIDIA's data center revenue soars 279% yoy to $14.51 billion

NVIDIA reported revenue of $18.12 billion for its third quarter ended October 29, 2023, up 206% from a year ago and up 34% from the previous quarter.  Non-GAAP earnings per diluted share were $4.02, up nearly 6x from a year ago and up 49% from the previous quarter.“Our strong growth reflects the broad industry platform transition from general-purpose to accelerated computing and generative AI,” said Jensen Huang, founder and CEO of NVIDIA.“Large...

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Colt builds 3rd Frankfurt hyperscale data centre

Colt Data Centre Services (DCS) commenced the construction of its third state-of-the-art data centre in Frankfurt, Germany. The new facility is strategically situated in close proximity to Colt DCS's existing Frankfurt  Data Centre, offering seamless connectivity to the Rhine-Main region and convenient access to Frankfurt's major financial district. Designed for a leading Cloud Service Provider, this facility will provide 32.4MW of IT power...

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Bharti Airtel picks Nokia for optical transport

Bharti Airtel will deploy Nokia’s Optical Transport Network (OTN) technology across its nationwide footprint. The upgrade will enable Bharti Airtel to provide massive capacity to enterprises, operators and hyperscalers.As part of the agreement, Airtel will utilize Nokia’s 1830 PSS-x OTN switches in its National Long-Distance Network connecting major cities across India.Chandan Kumar, Head of Optical Network Business Centre for Nokia India , said:...

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Infinera awarded $14m California Competes Grant for next-gen semiconductors

Infinera has been awarded a California Competes (CalCompetes) grant valued at up to $14 million over five years by the California Governor’s Office of Business and Economic Development (GO-Biz). This is a first step to expand and modernize Infinera’s U.S.-based domestic production of next-generation semiconductors and continue to support innovation and economic development in the United States in future years.The CalCompetes grant will enable...

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Telstra Broadcast Services and BT enter alliance

 Telstra Broadcast Services (TBS) and BT entered into an initial five-year strategic alliance to bring together each company's global media network teams, pooling their vast network infrastructure and localised expertise.  The deal will increase TBS' global footprint by 50% and expand its customer-base to more than 170 broadcast and media organisations worldwide.    As part of the deal, customers will have access to a product offering...

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STL develops optical connectivity business

STL announced the appointment of two executives to its optical connectivity business:David De Craemer brings over 25 years of industry experience working with the likes of TE Connectivity and CommScope. Discussing his vision for STL, David said: "I am excited about the opportunity and look forward to leveraging my strength and capabilities to co-create sustainable growth for the company, creating superior value for our customers."Tomasz Bednarczyk...

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DriveNets Joins Ultra Ethernet Consortium

DriveNets has joined the Ultra Ethernet Consortium, an organization aimed at building an open, interoperable, Ethernet-based architecture for high-performance networking serving AI and HPC workloads. DriveNets Network Cloud-AI – introduced in May and now available for order with Broadcom Jericho 3-AI based white boxes – offers the highest-performance AI networking solution available today, based on trials with leading hyperscalers and independent...

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Nokia backs Ultra Ethernet Consortium

Nokia announced its support for the Ultra Ethernet Consortium (UEC), a group that brings together companies for industry-wide cooperation to develop Ethernet specifications and software APIs that empower AI and HPC environments. Vach Kompella, Head of Nokia’s IP business, said: “Generative AI and ML are revolutionizing every aspect of our customers’ businesses. Our networking solutions advance their ability to deploy AI quickly and pursue exciting...

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