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Google has announced game-changing updates to its AI-optimized cloud, featuring fifth-generation TPUs and NVIDIA H100 GPUs. Companies like Gridspace have reported a 5x increase in AI model training speed using the TPU v5e. This move highlights the demands of generative AI and large language models, which have seen their ‘parameters’ increase tenfold annually. Another notable advancement is the introduction of Multislice technology, which supports scaling of AI models beyond the physical limits of TPU pods. This capability is expected to materially boost Google Cloud’s performance. Lastly, as Google and other hyperscalers industrialize, it is increasingly evident that compute is migrating to regional hubs of power with friendly development environments. These hubs are revitalizing our industrial stock and evolving into the central backbone of our modern compute industry.
Virginia Data Center Owned By Nasdaq OMX Group To Move To Chicago
The Nasdaq OMX Group's Virginia data center is moving from Ashburn to Chicago, Illinois to the Equinix CH4 facility at 350 E. Cermak, a major carrier hotel and data center hub in the area.This move has two apparent motivations. The first is based on customer feedback, according to Nasdaq OMX Group. However, the shift also provides better geographic diversity for the organization. The transition to Chicago will allow them to connect to different financial data centers in and around Chicago and reduced networking costs.The Nasdaq Stock Market and Options Market will be online in Chicago in August, before the feeds shut down in...
vXchnge Extends Geographic Reach With Eight New Data Centers
vXchnge announced May 4 it had acquired eight new data centers from Sungard Availability Services. These data centers are in Portland, Oregon; Austin, Texas; Minneapolis; St. Paul, Minnesota; St. Louis; Pittsburgh; Raleigh, North Carolina and Nashville, Tennessee. The acquisition of these facilities brings vXchnge into 15 total geographic markets and allows the company to remain focused on its goal of serving edge markets. vXchnge, which was founded in 2009 by former Switch & Data executives, focuses on acquiring data center facilities in underserved markets instead of building new ones. The company mostly rents data center real estate to network-centric businesses looking to expand. In...
Chicago Data Center Under CTA Superstation A Possibility Thanks To Grant
A competition at Northwestern University for business proposals was recently won by an idea to locate a data center in the Chicago Transit Authority "superstation" below Block 37. The team that came up with this idea will receive $100,000 in cash, office space and business services to implement their winning idea. But not everything is optimistic for the team."There are doubts, serious doubts about feasibility," said Denise Akason, associated director of the school's real estate program. "[But] overall it was the best idea." The team of students from Northwestern will meet with Chicago City Hall officials who may or may not give them the...
Norway Data Center Opened By DigiPlex
English data center operator DigiPlex announced in late April that it opened a new Norway data center.The Scandinavian facility was built with a focus on data center sustainability and its infrastructure was created using the latest environmentally conscious solutions. The facility has a PUE rating of 1.1, one of the lowest ratings of any data center. The building, located in the Oslo suburb of Fetsund, features an air-to-air cooling system that takes advantage of the naturally cool climate and reduces energy consumption by 25 percent. Just like with the other sites in DigiPlex's portfolio, all of the power used by the Norway...
Internap Announces Q1 2015 Financial Details
Internap, a global Internet infrastructure provider, announced its first quarter 2014 financial results at the end of April. Its total revenues are down 1 percent compared to the 2014 first quarter results. However, the organization's data center services revenues reached $59.1 million compared to Q1 2014. Net losses colored the report, with a shift in share value from $0.21 to $0.20. However, the organization's attitude toward the future as a whole is brighter than its profits indicate. "Higher than anticipated churn, predominantly from a small number of larger data center services customers, has led us to reduce guidance for our full-year 2015 revenue....