Search AI Products and News

nEye Systems Inc., a silicon photonics startup, announced today that it has closed a $58 million Series B funding round. The investment was led by CapitalG, the growth equity investment arm of Alphabet Inc., Google's parent company. Other participants include Microsoft's M12, Micron Ventures, Nvidia, and Socratic Partners. This brings nEye's total funding to over $72 million.

Meta is investing $10 billion to build a large AI data center in Richland Parish, Louisiana. This data center will be the largest of Meta's 20 data centers, with construction expected to begin this month and continue until 2030. It is reported that it will be optimized to support Meta's AI workloads, aiding in the operation of Meta's technologies including Facebook, Messenger, Instagram, WhatsApp, and Threads.

A study commissioned by Amazon Web Services (AWS) reveals that using AWS data centers for compute-intensive or artificial intelligence (AI) workloads results in a significant 98% reduction in carbon emissions compared to on-premises data centers. Accenture's research indicates that migrating IT workloads to cloud data centers is an effective strategy to minimize environmental footprints. AWS's global infrastructure is 4.1 times more efficient than on-premises data centers, and Indian organizations have the potential to achieve a 99% reduction in carbon emissions by optimizing AI workloads on AWS. This is attributed to AWS's hardware utilization.