Company valued at $2.6bn

Plus a roundup of other supercomputing news

Will use funding to grow its workforce and further develop its forthcoming photonics processor

Company takes over former DXC site outside Milan

First phase of planned £1bn cash injection

Machine will be installed in Q1 2025

Two interim CEOs have been appointed until a replacement is found

Claims to reduce cost while offering always on compute service

And other quantum updates

Swiss AI Platform available in Swisscom's data centers

Challenges facing the company were publicly acknowledged by executive chairman Lee Jae-yong at his trial

After avoiding NYSE delisting

Another part of the IT services company targeted for nationalization

Company will receive $7.9bn

Will be used to expand research into AI workloads for national security missions

System operational on Tiangong Space Station

In return for a promise to use AWS Trainium and Inferentia chips

Single tenant infrastructure for AI and ML workloads now available

Trials found 36 percent energy saving per rack

The photonics computing company is working with GlobalFoundries, ASE, and Amkor on the production of its hardware offering

Company will use HPE's AI cloud for weather data insights

Two hardware announcements were made by Nvidia at this year’s Supercomputing conference in Atlanta

Can provide up to 260 Exaflops of FP8 performance

Company offers cloud-like approach to tape storage