Tuesday, November 21, 2023

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 language model startups, consumer internet companies and global cloud service providers were the first movers, and the next waves are starting to build. Nations and regional CSPs are investing in AI clouds to serve local demand, enterprise software companies are adding AI copilots and assistants to their platforms, and enterprises are creating custom AI to automate the world’s largest industries.

“NVIDIA GPUs, CPUs, networking, AI foundry services and NVIDIA AI Enterprise software are all growth engines in full throttle. The era of generative AI is taking off,” he said.

Some highlights

  • Data Center revenue was a record $14.51 billion, up 41% from the previous quarter and up 279% from a year ago.
  • Gaming revenue was $2.86 billion, up 15% from the previous quarter and up 81% from a year ago. 
  • Professional Visualization revenue was $416 million, up 10% from the previous quarter and up 108% from a year ago.
  • Automotive revenue was $261 million, up 3% from the previous quarter and up 4% from a year ago.

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 capacity, ensuring exceptional data storage capabilities and scalability for the tenant's IT infrastructure.

The facility boasts direct access to DE-CIX, one of the world's largest internet exchange points, as well as multiple dark fibre providers.


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: “As a world leader in OTN, our technology will help Airtel to increase the capacity and features of Bharti’s optical transport network to meet growing bandwidth demand driven by the enterprise and hyperscaler segments. It will also provide the service level performance to meet the strict SLAs from Airtel customers”.


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 Infinera, a domestic optical compound semiconductor manufacturer with in-house fab operations and advanced test and packaging capabilities in multiple states, to build upon its 20+ year history in the United States and continue to drive innovation in indium phosphide-based compound semiconductor and monolithic photonic integrated circuit (PIC) technologies. 

The CalCompetes Grant Program is one of California’s main incentive programs to leverage tens of billions of dollars of federal funds available under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act. 

“We are grateful and honored to receive this grant award, which represents an important step in helping to boost America’s domestic production of semiconductor technologies,” said David Heard, Chief Executive Officer, Infinera. “Since our founding, we chose to keep our optical compound semiconductor fab and advanced packaging operations in the United States. We remain committed to leveraging our unique expertise, talent, and capabilities to support the goals of U.S. federal and state initiatives focused on economic development and national security.”


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 headed up by Telstra, including key Asia-Pacific regions with India, Malaysia, and Hong Kong, and other countries.   This will be supported by an increased local team in APAC and access to the broader suite of TBS products and services, including field services, special events teams, and broadcast operations centers in Sydney, Melbourne, Hong Kong, London, and Pittsburgh.   

"Our priority at TBS is to offer a world-class global content delivery service for our customers, including the largest distribution network with the most flexibility and options for organisations to connect to the world," said Karen Clark, Head of APAC at Telstra Broadcast Services.   

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 has worked for 18 years at Corning in various R&D, Finance and PLM domains. Excited at this opportunity, Tomasz said: "I have the privilege of leading an agile, motivated and customer-oriented team that is relentlessly working towards providing its customers with best-in-class technology. We commit to investing in the innovation process while keeping environmental sustainability as a top priority."

This follows STL’s acquisition of Optotec in Italy in 2020.  STL has now fully integrated optical connectivity products and design engineering capabilities into its optical business. 

 STL notes that it is one of the very few players to have end-to-end capability across the fibre value chain, starting with glass preform, fibre, cables and finally, Optical Connectivity solutions. 

Paul Atkinson, CEO of Optical Networking Business, STL, warmly welcomed David and Tomasz, acknowledging their invaluable expertise and experience. He said: "Their arrival is sure to enhance our Connectivity business, fostering innovation and growth  and creating impact for our customers."

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 testing by Scala Computing. It improves the performance of large-scale AI workloads regardless of GPU or AI accelerator used, enabling users to build open, multi-vendor AI infrastructures.

DriveNets is part of the first group of companies to join the UEC after its founding by members including Microsoft, Meta, Broadcom, AMD, Arista, Cisco, Oracle, HPE, Intel and Eviden. 

"AI is going to be ubiquitous in cloud and data center infrastructure and will require technology that can effectively minimize GPU idle cycles in high-performance AI workloads," said Ido Susan, founder and CEO of DriveNets. "Solving for that calls for Ethernet-based fabric that supports open, standards-based architectures that eliminate vendor lock-in. The Ultra Ethernet Consortium is committed to advancing open, interoperable Ethernet-based solutions, and DriveNets is proud to support its efforts to evolve the Ethernet standard."

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 new use cases and applications. With our extensive footprint in communications, enterprise and webscale networks, we are focused on making Ultra Ethernet a highly compatible, low cost and interoperable part of future AI and HPC application stacks.”