Tuesday, June 4, 2024

Cisco Nexus HyperFabric AI cluster brings NVIDIA acceleration

Cisco introduced a new Nexus HyperFabric AI cluster solution featuring NVIDIA accelerated computing and AI software. The on-premise, enterprise-ready infrastructure is designed for scaling generative AI workloads.The Cisco Nexus HyperFabric AI cluster solution offers automated, cloud-managed operations across a unified compute and networking fabric combining Cisco's Ethernet switching based on its Cisco Silicon One chip, integrated with NVIDIA's...

Cisco launches $1 billion AI investment fund

Cisco announced a $1 billion AI investment fund. So far, $200 million has been committed, including with:Cohere: Headquartered in Toronto and San Francisco, Cohere provides security-focused frontier large language models (LLMs) and industry-leading Retrieval-Augmented Generation (RAG) capabilities tailored to meet the needs of enterprises.Mistral AI: Mistral AI is a global company headquartered in Paris specializing in generative artificial intelligence....

Intel sells 49% stake in Irish fab for $11 billion

Intel will sell a 49% equity interest in a joint venture entity related to Intel’s Fab 34 to Apollo for $11 billion.Located in Leixlip, Ireland, Fab 34 is Intel’s leading-edge high-volume manufacturing (HVM) facility designed for wafers using the Intel 4 and Intel 3 process technologies. To date, Intel has invested $18.4 billion in Fab 34.Apollo is a high-growth, global alternative asset manager with approximately $671 billion under management.Intel...

Dell’Oro: Broadband Equipment Spending Reaches Two-Year Low

 Total global revenue for the Broadband Access equipment market decreased to $4.1 B in 1Q 2024, down 12 percent year-over-year (Y/Y), according to a new report from Dell’Oro Group. North American broadband providers reduced their spending by 25 percent Y/Y, as continued subscriber churn, excess inventory, and stubbornly high labor costs continue to put a damper on new equipment purchases.“The North American broadband market is in the midst of...

Telehouse America to upgrade NYIIX peering exchange with Nokia

Telehouse America has selected Nokia to update its NYIIX Peering Exchange production network in eight POPs located in the Northeastern United States. Once deployed, Nokia’s IP and optical interconnection solution will allow NYIIX to launch up to 400 Gigabit Ethernet (GE) interconnection services on the newly designed NYIIX Astron peering platform. The NYIIX Peering Exchange is one of the largest neutral IXPs in the world. Its mission is...

Telia tests Nokia’s Massive MIMO outdoors in 6 GHz

 Telia completed a field pilot in the upper 6 GHz spectrum band range using a Massive MIMO based on Nokia’s AirScale Habrok platform.The set up  could add crucial capacity and coverage to existing macro cell sites in dense urban environments for next-generation 5G-Advanced and 6G networks. Nokia says that given the rate at which data traffic is increasing, most operators will need to increase their TDD mid-band spectrum holdings in...

HPE reports stronger AI server orders

Citing robust demand for AI servers, HPE reported revenue of $7.2 billion for its 2nd quarter ended April 30, 2024, up 3% from the prior-year period in actual dollars and 4% in constant currency.Non-GAAP earnings per share amounted to $0.42, down 19% from the prior-year period and down 13% sequentially, above the company's guidance range of $0.36 to $0.41."HPE delivered very solid results in Q2, exceeding revenue and non-GAAP EPS guidance. AI systems...

Nokia supplies 10G PON to AccessPlus

AccessPlus will deploy Nokia’s XGS-PON fiber solution to enhance its fiber network and deliver new broadband services to its customers in the greater Pittsfield and Berkshires areas of Massachusetts. Using Nokia’s fiber solution, powered by the Quillion chipset, AccessPlus can quickly and efficiently boost speeds to 25G PON when and where needed, using the same network equipment.Bassam El-Zakhem, Vice President Americas, Network Infrastructure at Nokia, said: “Fiber is increasingly being used by operators to connect everything with multi-gigabit...