VNET Group, Inc | January 01, 2024
VNET Group, Inc. a leading carrier- and cloud-neutral internet data center services provider in China, announced that it has entered into a strategic cooperation agreement (the "Agreement") with Shandong Hi-Speed Holdings Group Limited ("SDHG," 00412.HK), an important overseas investment and financing as well as emerging industrial holding platform of Shandong Hi-Speed Group.
Pursuant to the Agreement, SDHG and VNET will leverage their respective resources and strengths to develop renewable energy projects in northern China. This partnership aims to jointly build low-carbon, secure and highly-efficient renewable energy system, aligning with the national strategy "East Data, West Computing." Furthermore, both parties will join hands to build innovative computing power network infrastructures encompassing data center, cloud computing and big data to promote the low-carbon and high-quality development of IDC services.
"We're confident of the synergy that SDHG and VNET are going to create through the partnership," said Mr. Josh Sheng Chen, Founder and Executive Chairman of VNET. "As VNET continues to execute its growth strategy and capitalize on the booming digital economy, the partnership with SDHG will help us to gain a wealth of resources in the infrastructure and renewable energy space. We look forward to collaborating with SDHG in a variety of green energy initiatives to advance toward our carbon neutrality targets and meet surging demand for supercomputing and digital transformation across a broader swath of society."
Jianbiao Zhu, Executive Director of SDHG, commented, "We are excited to explore more synergies with VNET to capture the evolving demand driven by AI, leveraging our strength in traditional infrastructure and VNET's capability in new infrastructure backed with its high-power density deployments. As VNET's largest strategic investor, SDHG is pleased to work with Josh and the management team, and leverage its domestic and overseas resources to support the ongoing expansion of VNET's core IDC business to scale up business for a sustainable growth."
VNET Group, Inc. is a leading carrier- and cloud-neutral internet data center services provider in China. VNET provides hosting and related services, including IDC services, cloud services, and business VPN services to improve the reliability, security, and speed of its customers' internet infrastructure. Customers may locate their servers and equipment in VNET's data centers and connect to China's internet backbone. VNET operates in more than 30 cities throughout China, servicing a diversified and loyal base of over 7,000 hosting and related enterprise customers that span numerous industries ranging from internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.
About Shandong Hi-Speed Holdings Group Limited
As a company listed in HKEX, Shandong Hi-Speed Holdings Group Limited ("SDHG") is an important overseas investment and financing as well as emerging industrial holding platform of Shandong Hi-Speed Group. Adhering to the concept of "conduct compliance prudentially, develop steadily and healthily" and leveraging on the unique advantages of Hong Kong international financial center in terms of market, financing, and talents, SDHG is committed to becoming an excellent industrial investment group with a foothold in Hong Kong, an international perspective and connection between domestic and overseas markets for achieving effective integration of resources.
Dell Technologies | December 15, 2023
Dell Technologies (NYSE: DELL) announces that CoreWeave has purchased thousands of Dell PowerEdge servers, expanding access to compute power organizations need to innovate using AI and generative AI (GenAI).
CoreWeave is a specialized cloud provider for large-scale NVIDIA GPU-accelerated workloads. The company will use Dell PowerEdge XE9860 servers with NVIDIA H100 Tensor Core GPUs as the key infrastructure powering its cloud solutions, tailored for workloads like AI, machine learning (ML), visual effects (VFX) rendering and large-scale simulations.
"AI is driving explosive demand for high performance cloud solutions that can provide the compute that large models need to scale, and we are providing the gold standard of cloud infrastructure to support these compute intensive workloads," said Brian Venturo, co-founder and chief technology officer, CoreWeave. "Our custom-built, modern cloud infrastructure delivers the best possible performance for every workload, and collaborating with Dell Technologies allows us to do this on an even greater scale."
CoreWeave is delivering the next generation of cloud computing, with a modern approach to hardware engineering and proprietary software stack that is designed specifically for the most complex and intensive workloads. With this new agreement, CoreWeave customers around the world can now tap into thousands of accelerated Dell servers within seconds to speed compute-intensive workloads.
"AI is a powerful, completely transformational tool for businesses of all sizes but only if you have the right IT foundation in place," said Jeff Clarke, chief operating officer and vice chairman, Dell Technologies. "By bringing our most powerful Dell PowerEdge servers with NVIDIA H100 Tensor Core GPUs to CoreWeave customers, we're helping meet demand for advanced compute at scale."
Built for extreme acceleration of AI, ML and deep learning training, the Dell PowerEdge XE9680 is equipped to deploy AI computing initiatives and help ensure high GPU memory, bandwidth and security. The system can handle the performance demands of large language models of GenAI while delivering it in a dense IT footprint.
CoreWeave also will use Dell ProSupport services to get the maximum uptime from its new systems while dedicated Dell managers will help maintain the environment.
About Dell Technologies
Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the data era.
Cloud App Management
Anodot | December 19, 2023
Volumez, a revolutionary modern cloud data infrastructure company, announced a new customer and partnership relationship with Anodot, the market-leading AI-powered business and cloud optimization platform.
Anodot selected Volumez to deliver persistent block storage on AWS for its large farm of PostgreSQL instances. Through a deep technical comparison of alternatives, Volumez was chosen after exhibiting 10x application performance improvements while reducing costs by more than 25%. The nature of database improvements core to customer-facing applications included dramatic increases in transactions per second and radical reductions in latency.
Volumez, with its profound benefits, has been chosen to enhance Anodot's platform experience by improving efficiency and optimizing costs. This collaboration aims to deliver an exceptional user experience while maximizing overall value. Anodot users can now discover new levels of optimization and efficiently activate these improvements using Volumez, resulting in a highly cost-efficient and performant data infrastructure. The companies have solidified this collaboration through a partnership agreement, enabling Anodot to incorporate the Volumez SaaS service into its product portfolio and distribution channels.
"We are delighted to call Anodot both a customer and partner," said Amir Faintuch, CEO of Volumez. "With Volumez, the Anodot cloud optimization platform can now enable remediations to costly and encumbered performance for data applications."
"Volumez immediately created incredible performance and cost benefits to our database infrastructure, expanding value to solving problems we identify with Anodot," said David Drai, CEO of Anodot. "There is a direct line from our product offering to the Volumez solution, so we want to extend this to our customers through the Anodot/Volumez partnership to amplify the value we create."
Anodot enables organizations to leverage the transformational power of AI to optimize their business. Anodot's AI-driven, autonomous business monitoring solution identifies revenue-critical business incidents in real-time. Anodot's cloud cost management solution helps companies manage and optimize their cloud cost and resource utilization across AWS, GCP, Azure, and Kubernetes. Discover more at anodot.com.
Volumez is a revolutionary composable data infrastructure company businesses employ to realize the true potential of their data. With its innovative controller-less architecture, Volumez tackles latency and scalability challenges by establishing direct Linux data paths, ensuring exceptional performance and resiliency. Driven by cutting-edge technology and a customer-centric approach, Volumez offers comprehensive solutions that streamline data workflows, enhance data quality, and drive informed decision-making.